- Wondering if Apollo Global Management at around US$117 per share is starting to look appealing again, or if the recent weakness is a warning sign for value focused investors like you.
- The stock is down around 6.5% over the last week, 10.9% over the last month and 20.1% year to date, although the 3 year and 5 year returns of 71.3% and 158.5% still show a very different longer term picture.
- Recent headlines have focused on Apollo’s role as a major alternative asset manager and on how investors are reassessing risk across higher fee based financials, which helps frame the share price pullback. Broader commentary around interest rate expectations and capital markets activity has also been part of the backdrop investors are reacting to.
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