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SmartHeat (HEAT +91.6%) shares nearly doubled today on 40x the usual volume, despite a Q4 loss...

SmartHeat (HEAT +91.6%) shares nearly doubled today on 40x the usual volume, despite a Q4 loss on write-downs in two acquired businesses. The China-based company that sells plate heat exchangers said a slowdown in end-market demand would be temporary and promised a "rigorous program of cost cutting" to maintain control of its budget.
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