Apollo Global Management, Inc.’s Stock Price Dips to $135.37, Marking a 1.83% Decrease: A Detailed Performance Review

Apollo Global Management, Inc. (APO)

135.37 USD -2.52 (-1.83%) Volume: 4.38M

Discover the latest on Apollo Global Management, Inc.’s stock price, currently standing at 135.37 USD, experiencing a slight dip this trading session by -1.83%. With a trading volume of 4.38M, APO’s stock price performance has seen a substantial YTD decrease of -18.04%, shaping the investment landscape.

Latest developments on Apollo Global Management, Inc.

Apollo Global Management has been making strategic moves in the market recently, ramping up its debt investing amidst the ‘liberation day’ market turmoil. With investments exceeding $100 billion, Apollo is keeping a close eye on tariff-driven tumult. The company closed an opportunistic credit strategy at over $8 billion and raised a $5.4 billion fund for secondhand private equity. Despite missing earnings estimates, Apollo’s strong assets under management and fee-related earnings have helped support its stock price movements. The company is preparing for a voluntary trade reset recession, according to Torsten Slok, as it continues to navigate the challenging market conditions.

Apollo Global Management, Inc. on Smartkarma

Analysts on Smartkarma have been closely covering Apollo Global Management, a global alternative asset manager with around $750 billion in total assets under management. One analyst from Business Breakdowns, Hunter, highlighted Apollo’s unique approach to protecting capital and their focus on complexity in investments. Another analyst, Travis Lundy, discussed the recent S&P500 index rebalancing, where Apollo Global Management was added to the index along with Workday Inc, while Qorvo Inc and Amentum Holdings were demoted to the SmallCap600 index. These changes are expected to impact funding trades and trading volumes significantly.

Furthermore, analyst Brian Freitas also noted the addition of Apollo Global and Workday to the S&P indices, highlighting the potential inflows from index trackers and the positive market reaction to these changes. Travis Lundy’s insights on the upcoming December 2024 index rebalancing also mentioned Apollo Global as a potential candidate for addition to the S&P indices. With analysts closely monitoring these developments, investors can gain valuable insights into the market sentiment surrounding Apollo Global Management.

A look at Apollo Global Management, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Apollo Global Management has a positive long-term outlook. With high scores in Growth and Resilience, the company is positioned well for future success. Its focus on investing in various markets to generate income for clients has contributed to its strong performance in these areas.

Although Apollo Global Management received lower scores in Value, Dividend, and Momentum, its overall outlook remains promising. As an alternative investment management company serving clients worldwide, Apollo Global Management’s strategic approach to investing has positioned it as a resilient player in the market, paving the way for continued growth and success in the long term.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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