Apollo Global Management shares are trading higher after the company reported better-than-expected Q1 EPS and sales.
Portfolio Pulse from Benzinga Newsdesk
Apollo Global Management's shares surged following the announcement of their Q1 earnings per share (EPS) and sales, which exceeded analysts' expectations.
May 02, 2024 | 7:04 pm
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Apollo Global Management's Q1 earnings outperformed market expectations, leading to a surge in its stock price.
Companies that report earnings and sales above market expectations typically see a positive short-term reaction in their stock price. Apollo Global Management's better-than-expected Q1 results have made it an attractive asset to investors, likely driving up demand for APO shares in the short term.
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