Shares of Apollo Global Management Inc. Class A (NYSE:APO) traded today at $76.22, eclipsing its 52-week high. Approximately 1.5 million shares have changed hands today, as compared to an average 30-day volume of 2.6 million shares.
In the past 52 weeks, Apollo Global Management Inc. Class A share prices are bracketed by a low of $36.35 and a high of $76.22 and is now at $76.07, 109% above that low price.
Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Private Equity, Credit, and Real Assets. It generates maximum revenue from the Credit segment in the form of fees. The credit segment primarily invests in non-control corporate and structured debt instruments including performing, stressed and distressed instruments across the capital structure. It also includes Corporate Credit; Structured Credit; Direct Origination and Advisory and Other.
Apollo Global Management Inc. Class A (NYSE:APO) is currently priced 96.2% above its average consensus analyst price target of $2.90.
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