Apollo Global Drops 6.45% Amid Tariff Fears
Generated by AI AgentAinvest Movers Radar
Friday, Apr 4, 2025 7:15 am ET1min read
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On April 4, 2025, ApolloAPO-- Global's stock price dropped by 6.45% in pre-market trading, signaling a significant shift in investor sentiment towards the company.
Apollo Global Management, Inc. has been in the spotlight recently due to concerns about the potential economic impact of tariffs. Marc Zelter, a prominent figure within Apollo, has expressed worries about the risk of a US recession and stagflation as a result of ongoing trade tensions. This warning has likely contributed to the recent decline in the company's stock price, as investors grapple with the uncertainty surrounding the economic outlook.
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