NEW YORK (TheStreet) -- Benefitfocus Inc.
(BNFT) shares are up 9.8% to $37.03 in trading on Tuesday.
The jump follows the cloud based benefits software provider's announcement that its HR Intouch Marketplace software was selected by Amerigas Propane (APU) to provide HR solutions for the company's 9,000 employees.
"We believe Benefitfocus was the best choice to assist us in enhancing our employees' enrollment experience while simplifying multiple administrative tasks that accompany HR and benefits management," Vice President Troy Fee said.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts