Apollo Global Management Drops 6.23% Amid Leadership Changes

On April 3, 2025, Apollo Global Management Inc. experienced a significant drop of 6.23% in pre-market trading, reflecting a notable shift in investor sentiment towards the asset management company.

Apollo Global Management, Inc. is a high-growth, global alternative asset manager that focuses on providing clients with excess returns across various investment markets. The company's recent leadership changes and market fluctuations have contributed to a 1% increase in its stock price over the past week, indicating a mixed response from investors.

One of the key factors influencing Apollo's stock performance is the anticipated financial results for the first quarter of 2025, which are scheduled to be released on May 2, 2025. The company expects to report approximately $290 million in pre-tax income, translating to an estimated 9% annualized return on alternative net investments. This positive outlook has likely contributed to the recent volatility in the stock price.

Additionally, the company's 7.625% Reset Rate Subordinated Notes, rated BBB+/A3, are considered undervalued with strong yields, making them an attractive investment option. This financial instrument has further influenced investor decisions, contributing to the overall market sentiment towards Apollo Global Management.