18 Biggest Mid-Day Gainers For Thursday - AXT (NASDAQ:AXTI)

ShoreTel Inc SHOR shares climbed 27.4 percent to $7.45. Mitel Networks Corp MITL announced plans to acquire Shortel for $7.50 per share in cash.
NetGear, Inc. NTGR shares gained 16.4 percent to $51.35 after the company posted strong Q2 results.
Lendingtree Inc TREE shares jumped 14.9 percent to $211.10. LendingTree reported Q2 adjusted earnings of $0.90 per share on sales of $152.8 million. The company also raised its FY17 outlook.
LivePerson, Inc. LPSN shares surged 13 percent to $12.88. LivePerson reported Q2 adjusted earnings of $0.01 per share on revenue of $54.074 million. The company also issued a strong outlook for the current quarter.
Teekay Corporation TK jumped 12.8 percent to $9.67. Brookfield Business Partners agreed to acquire 60 percent of Teekay Offshore Partners for $750 million.
GNC Holdings Inc GNC gained 12.3 percent to $10.52 as the company reported upbeat quarterly earnings.
Merit Medical Systems, Inc. MMSI shares rose 10.2 percent to $41.65 as the company posted better-than-expected Q2 results.
Tempur Sealy International Inc TPX shares jumped 10.1 percent to $62.61 on strong Q2 earnings.
AXT Inc AXTI surged 8.6 percent to $8.25. AXT reported Q2 profit of $1.9 million on revenue of $23.6 million.
Sirius XM Holdings Inc. SIRI climbed 8.5 percent to $5.85. SiriusXM reported Q2 earnings of $0.04 per share on revenue of $1.3 billion. The company also raised its FY17 guidance.
NetScout Systems, Inc. NTCT gained 7 percent to $36.00. NetScout reported Q1 earnings of $0.08 per share on revenue of $228.8 million.
Sequential Brands Group Inc SQBG climbed 6.7 percent to $3.36 as the company posted strong Q2 results. USA TODAY NETWORK and Sequential Brands also reported a multi-year strategic partnership.
Teekay Offshore Partners L.P. TOO shares gained 6.6 percent to $2.75. Brookfield Business Partners L.P. BBU agreed to acquire 60 percent of Teekay Offshore Partners for $750 million.
Tractor Supply Company TSCO jumped 6.6 percent to $56.92. Tractor Supply reported Q2 earnings of $1.25 per share on sales of $2.02 billion.
Pingtan Marine Enterprise Ltd PME rose 6.3 percent to $4.40 after the company disclosed a strategic cooperation framework agreement with JD.com.
Diageo plc (ADR) DEO gained 5.6 percent to $127.41 as the company reported a 1.5 billion pound buyback plan and raised its profit view.
Facebook Inc FB shares gained 5.3 percent to $174.46 as the company reported stronger-than-expected results for its second quarter.
Alexion Pharmaceuticals, Inc. ALXN shares gained 3.8 percent to $136.06 after reporting upbeat quarterly earnings.

Market News and Data brought to you by Benzinga APIs