Doximity Stock More Than Doubles After CEO Claims AI Search Tool Beats Anthropic on Safety and Margins
Doximity shares briefly spiked over 200% in premarket trading Friday, then settled up 33% for the day, after CEO Jeff Tangney said the company's AI tools post better safety scores than Anthropic and earn 10 times their operating cost per search. A modest earnings miss on EPS got buried under the AI hype, and analysts are already warning the rally outran the actual numbers.