Benefitfocus, Inc. (BNFT) is a stock that has been pummelled over the last year and a half. In February 2019 the stock price touched $60. Today it trades for little more than $10.
(Source: Yahoo Finance/MS Paint)
Benefitfocus is likely to experience further discomfort due to workforce reductions as a result of mandated shutdowns due to the pandemic. The company operates in the HCM industry with more than 18% market share of the benefits administration niche.
(Source: Apps Run The World)
Benefitfocus is definitely hurting in this economic climate, evidenced by the