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Digital medical platform shares surge more than 100% on AI search bets
The rally is tied to views that AI search could expand the company’s addressable market and improve profitability.
Shares of a digital medical platform surged by more than 100% at one point, as investors focused on growth drivers tied to AI search, according to CNBC Markets.
The coverage points to expectations that AI search will create a larger addressable market for the company, alongside a potential step-change in profitability.
CNBC World also attributes the move to the same thesis, highlighting investor optimism about the platform’s longer-term earnings potential as AI search adoption broadens.