Apollo Global Management Hits Day Low of $137.12 Amid Price Pressure

Apollo Global Management, Inc. experienced a notable decline today, with the stock dropping by 5.34% and reaching an intraday low of USD 137.12. This performance comes amid a challenging backdrop, as the company has reported negative results for the last four consecutive quarters, including a significant drop in earnings per share (EPS) of 30.11% in its latest report.
Despite the day's downturn, Apollo has shown resilience in its longer-term performance metrics. Over the past three years, the stock has appreciated by 151.9%, significantly outperforming the S&P 500, which has risen by 80.25% during the same period. However, year-to-date performance reflects a decline of 16.95%, contrasting with the S&P 500's gain of 13.18%.

Key financial indicators reveal a market capitalization of USD 77,355 million and a price-to-earnings (P/E) ratio of 22.00. The company's return on equity stands at 16.85%, while its dividend yield is recorded at 1.43%. As Apollo navigates these financial challenges, its market position within the capital markets industry remains a focal point for stakeholders.