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Digital medical platform shares surge more than 100% overnight
The move was tied to expectations for greater profitability potential and a larger addressable market driven by AI search.
Shares of a digital medical platform surged more than 100% overnight, as investors reacted to a shift in growth expectations for the company, CNBC Markets reports.
The outlet attributes the rally to views that the firm’s profitability potential and addressable market could expand, helped by the use of AI search.
CNBC World echoed the same explanation, pointing to AI search as the catalyst behind the stronger outlook.