Why Mimecast and Trustmark Shot Higher Today
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."