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Why Apollo Global Is Soaring This Week
Yahoo Finance· 2025-11-06 06:20
Key Points Assets under management are nearing $1 trillion. Apollo's Athene insurance unit is powering growth. These 10 stocks could mint the next wave of millionaires › Asset manager Apollo Global Management (NYSE: APO) is up 7% in the last week due to quarterly results it reported Tuesday that exceeded Wall Street's estimates. Fee-related earnings -- an important measure of an asset management firm's core profitability -- soared 23% in the quarter, to $652 million. That was about 4% higher than ...