Radnor, Pennsylvania--(Newsfile Corp. - August 29, 2023) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Doximity, Inc. (NYSE: DOCS) ("Doximity").
On August 8, 2023, Doximity reported its first quarter 2024 financial results, revenues and revised guidance for fiscal 2024. In the report, Doximity disclosed that the company now expects lower revenue of $452M-$468M, versus the prior estimate and expectations of $503M. Following this news, the price of Doximity stock fell $7.49 per share or over 22%, from a close of $32.79 per share on August 8, 2023, to close at $25.30 per share on August 9, 2023.
If you are a Doximity investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or E-mail at [email protected]. You can also click on the following link or paste it in your browser: https://www.ktmc.com/doximity-inc-investigation?utm_source=PR&utm_medium=link&utm_campaign=docs&mktm=r.
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/178754