DocGo (NASDAQ: DCGO) Stock Rockets After Virtual Care Acquisition – Can the Rally Last?
DocGo shares rose over 34% in after-hours trading Oct. 20, 2025, after announcing it will acquire telehealth provider SteadyMD using cash on hand. DocGo reported Q2 revenue of $80.4 million, down 51% year-over-year, and a net loss of $13.3 million. The company ended Q2 with $128.7 million in cash. A 2023 securities fraud lawsuit against DocGo remains active.
