Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Apollo Global Management Inc before investing.

In this article, we go over a few key elements for understanding Apollo Global Management Inc’s stock price such as:

• Apollo Global Management Inc’s current stock price and volume
• Why Apollo Global Management Inc’s stock price changed recently
• Upgrades and downgrades for APO from analysts
• APO’s stock price momentum as measured by its relative strength

About Apollo Global Management Inc (APO)

Before we jump into Apollo Global Management Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Apollo Global Management, Inc. is a global alternative asset manager and a retirement services provider. It operates in three segments: Asset Management, Retirement Services and Principal Investing. The Asset Management segment focuses on three investing strategies: yield, hybrid, and equity. These strategies reflect the range of investment capabilities across its platform based on relative risk and return. The Retirement Services business is conducted by Athene Holding Ltd (Athene), a financial services company that specializes in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Athene product lines include annuities and funding agreements. The Principal Investing segment includes realized performance fee income, realized investment income from its balance sheet investments, and certain allocable expenses related to corporate functions supporting the entire company.

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Apollo Global Management Inc’s Stock Price as of Market Close

As of May 15, 2024, 4:00 PM, CST, Apollo Global Management Inc’s stock price was $115.32.

Apollo Global Management Inc is up 4.01% from its previous closing price of $110.87.

During the last market session, Apollo Global Management Inc’s stock traded between $109.38 and $110.94. Currently, there are 588.12 million shares of Apollo Global Management Inc stock available for purchase.

Apollo Global Management Inc’s price-earnings (P/E) ratio is currently at 12.7, which is low compared to the Investment Management & Fund Operators industry median of 14.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Apollo Global Management Inc Stock Price History

Apollo Global Management Inc’s (APO) price is currently up 6.4% so far this month.

During the month of May, Apollo Global Management Inc’s stock price has reached a high of $115.48 and a low of $106.92.

Over the last year, Apollo Global Management Inc has hit prices as high as $117.15 and as low as $62.00. Year to date, Apollo Global Management Inc’s stock is up 80.78%.

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What Caused Apollo Global Management Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 14, 2024, there were 14 analysts who downgraded Apollo Global Management Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Apollo Global Management Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Apollo Global Management Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Apollo Global Management Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Apollo Global Management Inc (APO) by visiting AAII Stock Evaluator.

Relative Price Strength of Apollo Global Management Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 14, 2024, Apollo Global Management Inc has a weighted four-quarter relative price strength of 5.89%, which translates to a Momentum Score of 80 and is considered to be Strong.

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Apollo Global Management Inc Stock Price: Bottom Line

As of May 15, 2024, Apollo Global Management Inc’s stock price is $115.32, which is up 4.01% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Apollo Global Management Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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