India, Aug. 7 -- Doximity, Inc. (DOCS) shares surged $9.72, or 47.05 percent, to $30.38 on Friday, after the digital healthcare platform reported first-quarter results, with revenue increasing despite a decline in net income driven by higher operating expenses.
The stock opened at $38.87 and traded between $30.32 and $39.99 during the session on the New York Stock Exchange. It has traded in a 52-week range of $17.15 to $76.51. Trading volume reached 34.18 million shares, compared with an average daily volume of 4.16 million shares.
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First-quarter net income declined to $24.32 million, or $0.13 per share, from $53.32 million, or $0.28 per share, a year ear...