ATLANTA, GA – – (Globe Newswire – April 19, 2024) – – A shareholder class action lawsuit has been filed against Doximity, Inc. (“Doximity” or the “Company”) (NYSE: DOCS). The lawsuit alleges that the Defendants mislead investors about the Company’s business and operations by repeatedly touting Doximity’s business prospects and the sustainability of the Company’s revenue growth and profitability, while downplaying the impact of competition and tightening macroeconomic conditions and Doximity’s reliance on “upselling” products and services (such as additional advertising) to existing customers.

If you bought Doximity shares February 9, 2022 and April 1, 2024, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888)-508-6832 or, you may visit the firm’s website at www.holzerlaw.com/case/doximity/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is June 17, 2024.