Doximity stock dives as Q4 outlook rattles investors despite $500 million buyback
Doximity shares fell 17% to $27.55 Friday after the company forecast a sharp revenue drop for the March quarter, guiding $143–$144 million versus $185.1 million in the prior period. Needham cut its price target, and Doximity disclosed CFO Anna Bryson is on medical leave, with Siddharth Sitaram named interim finance chief.
