This story originally appeared on Zacks
In the latest trading session, Doximity (DOCS) closed at $51.34, marking a -0.43% move from the previous day. This change lagged the S&P 500’s daily loss of 0.06%. Elsewhere, the Dow gained 0.59%, while the tech-heavy Nasdaq lost 0.3%.
Coming into today, shares of the medical social networking site had lost 10.42% in the past month. In that same time, the Medical sector gained 4.74%, while the S&P 500 gained 5.76%.
Investors will be hoping for strength from Doximity as it approaches its next earnings release.
Any recent changes to analyst estimates for Doximity should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.
Our research shows that these estimate changes are…