Apollo Global Management, Inc. (New) Common Stock (APO)
162.13
-0.47 (-0.29%)
Apollo Asset Management Inc is a leading global alternative investment manager that specializes in managing capital across a variety of asset classes, including private equity, credit, and real estate
The company focuses on identifying and maximizing value in its investments through a combination of rigorous research and innovative strategies. With a diverse portfolio, Apollo partners with individual, institutional, and corporate clients to provide customized investment solutions aimed at achieving long-term financial goals. By leveraging its extensive experience and operating expertise, Apollo seeks to generate attractive risk-adjusted returns while navigating complex market environments.
The asset manager reported an adjusted net income of $2.22 per share for the fourth quarter, topping the Wall Street estimate of $1.89 per share, according to FinChat data.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
US financial stocks see strongest yearly return in three decades, fueled by economic resilience and deregulation optimism. Top performers include HOOD, IBKR, JEF, APO, KKR, COIN, VIRT, EVR, SOFI, and OWL.