Benefitfocus Inc. (BNFT) Approaches a Key Support Level

Over the past few months, a key support level has formed in the chart of Benefitfocus Inc. (BNFT)…

Benefitfocus Inc. (BNFT) is a cloud-based benefits management platform for consumers, employers, insurance carriers, and brokers. The company’s solutions support core benefit plans including healthcare, dental, life, and disability insurance. Two weeks ago, the company launched One Place Now, a series of interactive virtual events that provide insight on important topics to the benefits industry and today announced the appointments of Stephen Swad to chief executive office and Alpana Wegner to chief financial officer.

Take a look at the 1-year chart of BNFT with the added notations…

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