RTTNews | Aug 25, 2021 10:59AM EDT

10:59 Wednesday, August 25, 2021 (RTTNews.com) - Shares of Trustmark Corp. (TRMK) gained nearly 9% on Wednesday morning. S&P Dow Jones Indices announced that Trustmark will replace Sykes Enterprises Inc. (SYKE) in the S&P SmallCap 600.

Sitel Group is acquiring Sykes Enterprises in a deal pending final conditions. Trustmark has a market capitalization that is more representative of the small-cap market space.

TRMK is currently trading at $33.32, up $2.71 or 8.85%, on the Nasdaq. The stock has traded between $20.08 and $36.31 in the 52-week period.

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