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Why Mimecast and Trustmark Shot Higher Today

·2 min read
Why Mimecast and Trustmark Shot Higher Today
In this article:
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Two Wednesday winners on the exchange were email security specialist Mimecast (NASDAQ: MIME) and bank holding company Trustmark (NASDAQ: TRMK). After market close on Tuesday S&P Global (NYSE: SPGI) -- the company that owns and manages the S&P suite of indexes -- announced one of its periodic realignments. This is because, in S&P Global's words ,it "has a market capitalization that is more representative of the small-cap market space."