TransMedics (TMDX) Moves 10.1% Higher: Will This Strength Last?

TransMedics (TMDX) shares rallied 10.1% in the last trading session to close at $159.14. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 13.3% loss over the past four weeks. TransMedics scored a strong price increase driven by investors' optimism following the news of the company joining the S&P SmallCap 600. On Sept. 26, per S&P Dow Jones' press release, Transmedics will replace The Ensign Group in the S&P S ...