Apollo Global Management, Inc.’s Stock Price Plummets to $130.68, Marking a 6.18% Decline

Apollo Global Management, Inc. (APO)

130.68 USD -8.61 (-6.18%) Volume: 5.08M

Apollo Global Management, Inc.’s stock price stands at 130.68 USD, witnessing a drop of -6.18% this trading session with a trading volume of 5.08M. The stock has seen a significant decrease of -20.88% year-to-date, indicating a challenging market performance for APO.

Latest developments on Apollo Global Management, Inc.

Apollo Global Management (NYSE:APO) has been making significant moves in the financial world recently. The company secured a whopping US$975 million in new debt financing and tapped nearly $1 billion of private debt for the PowerGrid acquisition. Apollo also launched a $785 billion AUM tokenized credit fund ACRED on Solana DeFi, attracting investments from various institutions like Shell Asset Management Co., Toronto Dominion Bank, and Man Group plc. With a focus on private credit, Apollo eyes an additional $1 billion for the PowerGrid buyout. These strategic financial moves have attracted the attention of investors like ProShare Advisors LLC, Nuveen Asset Management LLC, and Raiffeisen Bank International AG, who have boosted their stock positions in Apollo Global Management, Inc. The recent influx of investments and acquisitions indicate a positive outlook for Apollo’s stock price movements today.

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 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, with Apollo Global Management being added to the index along with Workday Inc. This move is expected to bring significant flows from S&P 500 index trackers to Apollo and Workday.

Additionally, analyst Brian Freitas emphasized the changes in the S&P500/400/600 Index rebalance, with Apollo Global and Workday being added to the S&P500 Index. The market reacted positively to these additions, with large flows expected from index trackers. With the spotlight on Apollo Global Management in these research reports, investors are closely monitoring the company’s performance and positioning for potential upside in the coming weeks.

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 the Smartkarma Smart Scores, Apollo Global Management has a positive long-term outlook. With high scores in Growth, Resilience, and Momentum, the company is positioned well for future success. Their focus on investing in various markets to generate income for clients shows potential for continued growth and stability.

Apollo Global Management, Inc. is an alternative investment management company that serves clients worldwide. With average scores in Value and Dividend, the company’s strong performance in Growth, Resilience, and Momentum indicates a promising future ahead. Investors may find Apollo Global Management to be a solid choice for long-term investment opportunities.

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