Medical communications network Doximity valued at over $7 bln as shares jump in debut

Doximity Inc was valued at over $7 bln at start of trading on the New York Stock Exchange on Thursday, as shares of the social network for doctors opened more than 58% above their offer price.

The company's stock opened at $41.17 per share, up from the initial public offering (IPO) price of $26 per share.

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