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Endologix Sinks on Temporary Shipping Hold

Although the week between Christmas and New Year’s is not a heavily traded one, one company is making a case for it with a double-digit move on Tuesday. Endologix Inc. (ELGX) saw its shares drop after the company announced a temporary hold on the shipments of its abdominal aortic aneurysms (AAA) treatment.

Specifically, the company is suspending its shipments of its AFX Endovascular AAA System for an investigation into a manufacturing issue with some sizes of the...