Fundamental Global Inc. shares rise 6.43% premarket after Apollo Global Management, Inc. announced a $5 billion sports investment.

Fundamental Global Inc. rose 6.43% in premarket trading. The company's stock price increase may be attributed to the positive news from Apollo Global Management, Inc. which specializes in alternative asset management and has announced plans to launch a $5 billion sports investment fund. This news could have a positive impact on the stock price of Fundamental Global Inc. as it indicates a growing interest in alternative asset management and investment opportunities.