With a market cap of $69 billion, Apollo Global Management, Inc. (APO) is a global alternative investment manager specializing in credit, private equity, infrastructure, real estate, and hedge fund strategies across both private and public markets. The firm serves institutional and individual investors worldwide, deploying contrarian, value, and distressed investment approaches across a broad range of industries and regions.
Shares of the New York-based company have lagged behind the broader market over the past 52 weeks. APO stock has decreased nearly 19% over this time frame, while the broader S&P 500 Index ($SPX) has returned 14.8%. Moreover, shares of the company are down 17.3% on a YTD basis, compared to SPX’s 6.9% gain.
