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Why HealthEquity Stock Is Sinking Today

TheMotleyFool

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Why HealthEquity Stock Is Sinking TodayPhoto, wide shot, wide-angle lens, Biotech company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/80e18bfd-1ff8-4487-af62-1cdb7de1ceb6.png

In response to reporting weak quarterly results, shares of HealthEquity (NASDAQ: HQY), a leading administrator of various types of healthcare-focused savings accounts, fell as much as 11% in early morning trading on Wednesday. As of 2:55 p.m. EDT, the stock was down about 6%.

The headline numbers from the period weren't great:

Image source: Getty Images.

Source Fool.com

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