Apollo Global Management Hits Day High with 3.57% Intraday Surge

Apollo Global Management, Inc. experienced a notable uptick today, gaining 3.57% and reaching an intraday high of USD 122.63. This performance stands in contrast to the S&P 500, which declined by 2.71% on the same day. Despite this positive movement, the stock has faced challenges over the past month, with a decline of 11.29%, and a year-to-date performance showing a decrease of 25.87%.
The company's market capitalization is currently USD 77,355 million, categorizing it as a large-cap entity within the capital markets industry. Apollo's price-to-earnings ratio stands at 22.00, while its return on equity is reported at 16.85%. However, the company has faced difficulties, including a significant drop in earnings per share of 30.11% and negative results reported over the last four consecutive quarters.

Investors may note that Apollo's net sales for the first nine months have decreased by 25.98%, and its return on capital employed is at a low of 18.82%. Despite these challenges, today's performance highlights a momentary rebound in the stock's activity.