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Why HealthEquity Stock Was Winning Big This Week


Shares of health savings account (HSA) specialist HealthEquity (NASDAQ: HQY) were zooming well into the black this week. As of Thursday's market close, its stock was up by almost 10% week-to-date thanks to some encouraging statistics the company released on Tuesday.

HealthEquity issued a business update that morning in advance of a company presentation at a healthcare industry conference. The figures released show that it's poised for well better-than-expected results for both 2021 as a whole, and for at least the early part of this year.

Image source: Getty Images.

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Source Fool.com

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