APO Stock Summary and Trading Ideas (Apollo Global Management (New) | NYSE:APO)

Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment.

Apollo Global Management (New) trades on the NYSE stock market under the symbol APO.

As of January 6, 2025, APO stock price climbed to $169.10 with 2,941,604 million shares trading.

APO has a beta of 1.60, meaning it tends to be more sensitive to market movements. APO has a correlation of 0.42 to the broad based SPY ETF.

APO has a market cap of $95.68 billion. This is considered a Large Cap stock.

Last quarter Apollo Global Management (New) reported $8 billion in Revenue and $1.85 earnings per share. This beat revenue expectation by $4 billion and exceeded earnings estimates by $.13.

In the last 3 years, APO traded as high as $189.49 and as low as $45.62.

The top ETF exchange traded funds that APO belongs to (by Net Assets): VTI, VO, VXF, SPY, IVV.

APO has outperformed the market in the last year with a return of +85.4%, while the SPY ETF gained +28.5%. In the last 3 month period, APO beat the market returning +29.1%, while SPY returned +5.2%. However, in the most recent 2 weeks APO has underperformed the stock market by returning -1.1%, while SPY returned +0.7%.

APO support price is $165.62 and resistance is $172.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that APO shares will trade within this expected range on the day.