Apollo Global Management Surges to 131st in Trading Volume with $674 Million Day

Generated by AI AgentAinvest Market Brief
Wednesday, May 21, 2025 8:00 pm ET1min read

On May 21, 2025,

(APO) saw a trading volume of $674 million, marking a 56.65% increase from the previous day. This surge placed at the 131st position in terms of trading volume for the day. However, the stock price of Apollo Global Management (APO) has been on a downward trend, falling by 6.18% over the past six days, with a cumulative decline of 9.92%.

Apollo Global Management is planning to finance its $2 billion acquisition of PowerGrid Services with a $1 billion private credit package. This strategic move is part of Apollo's broader investment strategy in the U.S. infrastructure sector, aiming to leverage private credit to support its acquisitions.

Apollo's decision to use private credit for this acquisition is significant as it reflects the company's confidence in the stability and growth potential of the infrastructure sector. This approach not only diversifies Apollo's funding sources but also aligns with the current market trends favoring private credit investments.

Apollo Global Management's recent activities in the private credit market are part of a broader trend among private equity firms. These firms are increasingly turning to private credit to fund their acquisitions, especially in sectors like infrastructure, which offer long-term growth prospects. This strategy allows Apollo to secure funding without relying solely on traditional debt markets, providing greater flexibility and potentially higher returns.

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