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Why Doximity Stock Fell More Than 11% This Week

Shares of healthcare software company Doximity (NYSE: DOCS) took an 11.5% tumble last week. Through July 1, the S&P 500 was down 19.7%, the Nasdaq Composite was down 25.9%, and Doximtiy took a 26.8% hit. There was no specific news from Doximity to cause the drop last week.