Apollo Global shares surge 5.63% after-hours as valuation models suggest significant undervaluation and strong Q3 performance fuels optimism.

Apollo Global Management (APO) surged 5.63% in after-hours trading following reports that it joined forces with Goldman Sachs and Blackstone to back a $1.4 billion loan for BGH Capital's acquisition. This collaboration signals strong institutional support and positions Apollo as a key player in major deals, bolstering investor confidence. Additionally, anticipation of its upcoming Q4 earnings report on February 9 may have spurred pre-announcement optimism, despite analysts forecasting a sequential earnings decline. The move contrasts with recent price weakness linked to an ongoing investigation into past executive ties to Jeffrey Epstein, though the immediate catalyst appears tied to strategic business activity and market positioning ahead of earnings.