Fleetwood Corporation (ASX:FWD), a maker of caravans and temporary accommodation for the resources and energy industry, saw its shares rise 5.2% to close at $3.63. Heavily sold off this year, Fleetwood has seen its shares fall from over $13, as the company downgraded profit expectations for the year ahead. Heavily impacted by the big miners cutting or delaying projects, Fleetwood has also been hit by weak trading conditions for recreational vehicles. Bargain hunters may have finally jumped in, perhaps hoping that the worst is behind Fleetwood.
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