Stock News - (NASDAQ:MAT, XTEX, AXTI) -Today’s Most Active Stocks

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Mattel, Inc. (NASDAQ:MAT)is amongst the top volume gainers in the early morning trade and jumped up 4.55% to $20.47 on a massive volume of 7.34 million shares after it reported third-quarter net income of $229.8 million or $0.63 per share, compared to net income of $238.1 million or $0.65 per share in the year ago quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.63 per share for the quarter. Operating income for the quarter was $336.5 million, compared to prior year's operating income for the quarter of $315.3 million.Net sales for the quarter were $1.79 billion, down 8% from $1.95 billion last year, including unfavorable changes in currency exchange rates of 3 percentage points. Twelve analysts had consensus revenue estimate of $1.78 billion for the quarter.  The stock has a 52-week range of $10.36-$21.05.  Today the stock also created a new 52-week high at $21.05. Mattel, Inc. (Mattel) designs, manufactures and markets toy products worldwide through sales to customers and directly to consumers. Mattel’s portfolio of brands and products are grouped in categories, such as Mattel Girls & Boys brands, including Barbie fashion dolls and accessories (Barbie), Polly Pocket!, Little Mommy, Disney Classics, Pixel Chix, and High School Musical (collectively Other Girls Brands), Hot Wheels, Matchbox and Tyco R/C vehicles and playsets (collectively, Wheels), etc.

Crosstex Energy, L.P. (NASDAQ:XTEX) notched up 5.14% to $6.83 on a huge volume of 417k shares on no news. The stock has a 52-week range of $1.10-$18.00.  Crosstex Energy, L.P. is a midstream energy company through its subsidiary, Crosstex Energy Services, L.P. and the subsidiaries of the Operating Partnership is engaged in the gathering, transmission, treating, processing and marketing of natural gas and natural gas liquids (NGLs).

AXT, Inc. (NASDAQ:AXTI)   soared 5.13% to $2.05 on huge volume of 176k shares on no news. The stock has a 52-week range of $0.68-$2.20. AXT, Inc. (AXT) is a developer and producer of high-performance compound and single element semiconductor substrates, including substrates made from gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge). The Company manufactures all of its semiconductor substrates using its vertical gradient freeze (VGF) technology.