Apollo's Trading Volume Slides to 245th as Strategic Bets on AI and Defense Take Shape

On August 21, 2025, Apollo Global Management (APO) traded with a volume of $0.35 billion, a 22.3% decline from the prior day, ranking 245th in market activity. The asset manager closed down 0.98%, reflecting subdued trading interest amid broader market volatility.

Recent developments highlight Apollo’s strategic focus on credit opportunities in Europe, particularly in AI, defense, and infrastructure sectors. The firm is also exploring the revival of a $2 billion debt sale tied to an auto industry deal, signaling potential capital deployment in specialized sectors. Analysts at BofA raised their price target for APO to $164, citing improved market positioning and operational performance.

Investor sentiment remains mixed. While Apollo’s Q2 alternative investment income of $305 million fell short of forecasts, its real estate platform expanded with the $1.5 billion BRDG acquisition, adding $33 billion in assets. The firm’s upcoming earnings report on October 29, 2025, will be closely watched to assess progress against revised financial expectations.

The strategy of buying the top 500 stocks by daily trading volume and holding for one day from 2022 to 2025 yielded a 7.61% total return, with a 1.98% average daily gain. However, a maximum drawdown of -29.16% underscores the approach’s vulnerability during market downturns, despite a Sharpe ratio of 0.94 indicating favorable risk-adjusted returns.