Medical Instruments & Supplies: Endologix, Inc. (NASDAQ:ELGX), Baxter International (NYSE:BAX), Covidien (NYSE:COV), Insulet Corporation (NASDAQ:PODD)

Shares of Irvine-based Endologix Inc. (NASDAQ:ELGX) plunged after it provided full-year financial guidance below Wall Street expectations. Endologix, Inc. (NASDAQ:ELGX) stock opened at $13.00 in last session, and closed at $13.50, while the day range of ELGX stock is $12.86 – $13.95. The stock showed a negative weekly performance of -23.38%.

Trade-Ideas LLC identified Baxter International Inc. (NYSE:BAX) as a “storm the castle” (crossing above the 200-day simple moving average on higher than normal relative volume) candidate. Baxter International Inc. (NYSE:BAX) stock opened at $69.00, in last session and closed at $69.50, by gaining 0.89%. The 52 week range of BAX is $62.80 – $74.60. Company’s market capitalization is $37.75 billion.

Covidien plc (NYSE:COV) has closed its acquisition of Given Imaging Ltd., providing the company additional scale and scope to serve the global gastrointestinal market. Covidien plc (NYSE:COV) stock advanced 0.86% and finished the last session at $71.95. The EPS of the stock remained 3.33. Company’s market capitalization is $32.43 billion.

Insulet Corp. (NASDAQ:PODD) was downgraded by equities researchers at Feltl & Co. from a “hold” rating to a “sell” rating in a research report issued on Friday. Insulet Corporation (NASDAQ:PODD) stock opened the session at $47.63, and closed the session at $47.41. The 52 week range of the PODD stock remained $21.97 – $49.95 and the day range was $44.74 – $49.95.

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