Shares of Actuant (ATU -1.9%) take a breather today, despite posting better than expected FQ2...

|About: Actuant Corporation (ATU)|By:, SA News Editor

Shares of Actuant (ATU -1.9%) take a breather today, despite posting better than expected FQ2 results. Revenue increased by 14% Y/Y, on better margins plus stronger sales from its China and North American operations. The stock is up over 40% since the beginning of the year, and investors appear to be taking the opportunity to sell on the news.