Rhode Island firm, tricked out of article, bounced back (10)

I believe the answer is:

ricocheted

'bounced back' is the definition.

'rhode island firm tricked out of article' is the wordplay.
'rhode island' becomes 'ri' (US postal abbreviation).
'firm' becomes 'co' (a firm is a company).
'tricked' becomes 'cheated'.
'out of' is a deletion indicator.
'article' becomes 'a' (indefinite article).
'cheated' with 'a' taken away is 'cheted'.
'ri'+'co'+'cheted'='RICOCHETED'

(Another definition for ricocheted that I've seen is " Did glance".)

I've seen this clue in The Times.

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