18 Biggest Mid-Day Gainers For Thursday

  • 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
Comments
Loading...
Posted In: NewsIntraday UpdateMarketsMoversInformation TechnologyInternet Software & ServicesTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!