Apollo Global Management LLC (APO) : Traders are bullish on Apollo Global Management LLC (APO) as it has outperformed the S&P 500 by a wide margin of 10.54% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.69%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.63% in the last 1 week, and is up 14.26% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 8.28% and the 50-Day Moving Average is 8.04%. Apollo Global Management, LLC is up 2.98% in the last 3-month period. Year-to-Date the stock performance stands at 17.04%.
Apollo Global Management LLC (NYSE:APO): stock turned positive on Friday. Though the stock opened at $17, the bulls momentum made the stock top out at $17.2 level for the day. The stock recorded a low of $16.93 and closed the trading day at $17.15, in the green by 0.82%. The total traded volume for the day was 880,557. The stock had closed at $17.01 in the previous days trading.
Apollo Global Management, LLC is an investment manager in private equity, credit and real estate. The Company raises, invests and manages funds on behalf of pension, endowment and sovereign wealth funds, as well as other institutional and individual investors. The Company operates through three segments: The Company operates through three segments: Private equity, which invests in control equity and related debt instruments, convertible securities and distressed debt instruments; Credit, which primarily invests in non-control corporate and structured debt instruments, and Real estate, which invests in real estate equity for the acquisition and recapitalization of real estate assets, portfolios, platforms and operating companies, and real estate debt including first mortgage and mezzanine loans, preferred equity and commercial mortgage backed securities.