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InterInvest’s Stake in Plug Power Just Fell Below 5%

InterInvest, Plug Power: In a 13D filing with the SEC a few minutes ago, money management firm InterInvest Corp reported dropped its stake in Plug Power (NASDAQ:PLUG) from 6.17% to 4.72%. Shares of the fuel cell developer have risen an even 40% year-to-date, so it’s possible this move is simple profit-taking. InterInvest is a Boston-located firm that describes itself as having a top down approach when it comes to equity investing.

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