Why HealthEquity's Better-Than-Expected Q4 Results Didn't Excite Investors

Anyone wondering how HealthEquity (NASDAQ: HQY) stock would perform under President Biden now have a pretty good answer. Shares of the country's largest non-bank health savings account (HSA) custodian have easily beaten the S&P 500 index so far this year. However, that momentum could now be in jeopardy.

HealthEquity announced its fourth-quarter and full-year 2020 results after the market closed on Monday. The healthcare stock fell nearly 3% in after-hours trading. Here are the highlights from the company's Q4 update.

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Source Fool.com