Can Doximity Stock Keep On Climbing?

Shares of the social media platform for healthcare professionals Doximity (NYSE: DOCS) shot up on Friday, Nov. 11. Investors reacting to a positive third-quarter earnings report drove the stock about 33% higher in a single session, but the stock has already given back some of those gains.

Now, savvy investors are wondering whether the post-earnings bump they experienced recently is the beginning of a much longer bull run.

Does Doximity have what it needs to deliver long-term gains, or was the latest big bump just a flash in the pan? Before we talk about where this unique business is going, let's look at the factors that just pushed it higher.

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Source Fool.com