Health In Tech Inc. (NASDAQ:HIT) rose 27.65% in after-hours trading on Tuesday to $2.17 after the Florida-based company announced a strategic collaboration with global AI software engineering firm Ciklum.
HIT closed the regular session at $1.70, down 0.58%, according to Benzinga Pro data.
After-Hours Spike Follows Partnership Announcement
The partnership, announced by Health In Tech after the market closed on Tuesday, targets HIT’s self-funded stop-loss health insurance marketplace, which serves more than 800 brokers, third-party administrators, managing general underwriters and carriers in 40 states.
Ciklum, an Amazon Web Services Advanced Tier Services Partner, will optimize the platform’s administrative, sales and analytics capabilities.
Health In Tech said the initiative aims to expand both front- and …
