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Why did this small-cap stock jump by nearly a quarter to a new record today?

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Shares in speed camera technology firm Acusensus Ltd (ASX: ACE) have hit a new record high after the company snagged its first major, statewide US contract.

The shares traded as high as $1.74 on Tuesday, up 24.6%, before settling to be changing hands for $1.65 by…



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