Apollo Global’s (NYSE:APO) CEO Explains Why the Interest in Paramount (NASDAQ:PARA)
TipRanks (Mon, 6-May 3:32 PM ET)
Apollo Global’s (NYSE:APO) CEO Explains the Interest in Paramount
TipRanks (Mon, 6-May 3:32 PM ET)
M&A News: Paramount (NASDAQ:PARA) Begins Talks With Sony and Apollo
TipRanks (Mon, 6-May 5:44 AM ET)
Buffett’s Holdings: Here’s What AAPL and PARA Investors Should Know
TipRanks (Mon, 6-May 3:23 AM ET)
Paramount now in formal negotiations with Apollo, Sony over acquisition
Seeking Alpha News (Sun, 5-May 3:26 PM ET)
Paramount lets Skydance know talks aren't exclusive amid Apollo/Sony bid - report
Seeking Alpha News (Sat, 4-May 1:38 PM ET)
M&A News: Paramount (NASDAQ:PARA) Plummets after Skydance Deal Threatened
TipRanks (Fri, 3-May 3:33 PM ET)
M&A News: Paramount (NASDAQ:PARA) Plummeting: Skydance Deal Threatened
TipRanks (Fri, 3-May 3:33 PM ET)
Paramount dips again as odds grow that it proceeds with no merger
Seeking Alpha News (Fri, 3-May 2:40 PM ET)
TipRanks (Fri, 3-May 11:33 AM ET)
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 May 6, 2024, APO stock price climbed to $111.48 with 1,818,044 million shares trading.
APO has a beta of 0.99, meaning it tends to be less sensitive to market movements. APO has a correlation of 0.28 to the broad based SPY ETF.
APO has a market cap of $63.43 billion. This is considered a Large Cap stock.
Last quarter Apollo Global Management (New) reported $7 billion in Revenue and $1.72 earnings per share. This beat revenue expectation by $3 billion and missed earnings estimates by -$.06.
In the last 3 years, APO stock traded as high as $117.15 and as low as $45.62.
The top ETF exchange traded funds that APO belongs to (by Net Assets): VTI, VO, VXF, VUG, VOT.
APO has outperformed the market in the last year with a return of +85.8%, while the SPY ETF gained +28.3%. In the last 3 month period, APO beat the market returning +8.5%, while SPY returned +4.8%. However, in the most recent 2 weeks APO has underperformed the stock market by returning +3.6%, while SPY returned +4.3%.
APO support price is $107.20 and resistance is $111.72 (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 stock will trade within this expected range on the day.