옵션 체인은 다양한 행사가격과 만기일에 대한 Apollo Global Management의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 Apollo Global Management에 대한 시장 심리를 평가합니다..

Apollo Global Management (NYSE:APO) 주식, 옵션 체인

Apollo Global Management

Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment.

Asset Sales

BLCO

FYBR

PRPH

WOLF

뉴 온 더 블록 아리 엠마누엘(Ari Emanuel)의 스포츠 및 엔터테인먼트 대기업인 엔데버 그룹 홀딩스(NYSE:EDR)는 마이애미 오픈 및 마드리드 오픈 테니스 토너먼트를 포함한 IMG 테니스 자산 매각 가능성을 검토하고 있다. IMG의 다른 자산 대부분은 UFC(얼티밋 파이팅 챔피언십) 및 WWE(월드 레슬링 엔터테인먼트)의 모회사인 TKO 그룹 홀딩스(NYSE:TKO)와의 목요일에 발표된 거래에 포함되었다.

딜 디스패치: UFC, WWE 모회사 TKO가 불 라이딩 인수; 엔데버가 테니스 자산 매각 검토 등

Equities

Markets

AMPS

BTBT

LBPH

MSGM

USAP

알터스 파워(NYSE:AMPS)는 투자은행 모엘리스 앤 컴퍼니(Moelis &amp; Company LLC)에 주주 가치를 높이기 위한 전략을 모색하도록 의뢰했다. 청정 전력 공급업체인 알터스는 이 과정이 2025년까지 완료될 것이라고 밝혔다. 알터스는 법률 문제에 대한 자문을 위해 라탐 앤 왓킨스(Latham &amp; Watkins) 로펌을 고용했다.

딜 디스패치: 알터스 파워, 모터스포츠 게임즈 옵션 탐구, 트루 밸류 파산, 합병 및 인수 활동 둔화

Analyst Color

Earnings

Large Cap

Mid Cap

Tech

AFRM

CHWY

CRWD

DELL

DKNG

DLTR

ENPH

EXPE

FSLR

GNRC

MRNA

SNOW

골드만삭스는 기대 이상의 실적 발표가 있을 경우 특히 공매도세가 높은 20개의 주식을 선정하여 쇼트 스퀴즈(공매도 압박)가 발생할 가능성이 있다고 밝혔다. 이는 트레이더들에게 기회를 제공한다.

골드만삭스, 3분기 실적 시즌에서 공매도 압박 기회가 전망되는 상위 20종목

Apollo Global Management, Inc. (New) Common Stock

Apollo Global Management Inc

APOLLO ACQUISITION CORPORATION

Innovator Equity Defined Protection ETF - 6mo Apr/Oct

Apogee Enterprises Inc

APOLLO MINERALS LTD by APOLLO MINERALS LTD.

Apollo Minerals Ltd

Apollo Global Management, Inc. 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053

APOLLO GLOBAL MANAGEMENT ORD

Apollo Global Management, Inc. 6.75% Series A Mandatory Convertible Preferred Stock

Apollo Global Management Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) shares are trading higher Tuesday after the company reported better-than-expected financial results for the third quarter. Here&#8217;s <a href="https://www.benzinga.com/quote/APO/earnings">what you need to know.</a>
What To Know: Apollo&#8217;s third-quarter adjusted earnings per share came in at $1.85, surpassing analyst estimates of $1.72. The company's revenue reached $7.77 billion in the quarter, beating the expected $4.13 billion, according to estimates from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Apollo said it now manages a total of $733 billion in assets, with $551 billion generating fees. Over the past year, Apollo saw $151 billion in new inflows and deployed $248 billion in capital. Apollo&#8217;s Fee Related Earnings (FRE) were $531 million, while Spread Related Earnings (SRE) were $856 million.
&#8220;Our strong&nbsp;third quarter&nbsp;results reflect broad-based momentum across the platform. We are building a next-generation financial services business uniquely positioned to win across massive market opportunities, and we are excited to execute on the attractive growth plan unveiled at our recent Investor Day,&#8221; said Marc Rowan, CEO of Apollo Global Management.
Apollo declared a cash dividend of&nbsp;$0.4625&nbsp;per share to be paid on Nov.&nbsp;29 to shareholders of record at the close of business on Nov.&nbsp;18.
APO Price Action: Apollo Global Management shares were up 6.18% at $148.05 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1727794380964569"><img loading="lazy" decoding="async" width="1024" height="547" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05092812/APO-1024x547.png" alt="" class="wp-image-630428" style="width:480px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05092812/APO-1024x547.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05092812/APO-300x160.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05092812/APO-768x410.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/05092812/APO.png 1147w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Image Via Shutterstock.

News

Movers

Apollo Global Management Stock Climbs After Company Beats Q3 Estimates

Apollo Global Management, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) shares are trading higher after the company reported better-<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/g41740237/apollo-reports-third-quarter-2024-results" rel="noreferrer noopener">than-expected third-quarter results</a>.
The company reported adjusted EPS of $1.85, exceeding the $1.72 estimate, and sales totaled $7.773 billion, surpassing the forecast of $4.131 billion.
Goldman Sachs analyst Alexander Blostein maintained a <a target="_blank" href="http://benzinga.com/quote/APO/analyst-ratings" rel="noreferrer noopener">Buy rating on the stock</a>.&nbsp;&nbsp;
The analyst writes that they are optimistic about the near-term Spread Related Earnings (SRE) dynamics, which indicate a more favorable position heading into the end of the year than investors had anticipated.
The analyst notes that APO&#8217;s Fee Related Earnings (FRE) growth trajectory remains on track and stands out compared to its peers in the Alternative Asset Management sector.
The analyst estimates EPS of $7.10 for FY24, $8.56 for FY25 and $10.24 for FY26.
Investors can gain exposure to the BX stock via EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/LBO#BATS">LBO</a>) and Fidelity Disruptive Finance ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FDFF#NASDAQ">FDFF</a>).
<h2 class="wp-block-heading">How To Buy APO Stock?</h2>
By now you're likely curious about how to participate in the market for Apollo Global Management &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so. 
In the the case of Apollo Global Management, which is trading at $148.5 as of publishing time, $100 would buy you 0.67 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
Price Action: APO shares are up 6.46% at $148.4 at the last check Tuesday.
Photo by Ground Picture on Shutterstock
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<li><a href="https://www.benzinga.com/m-a/24/10/41561859/deal-dispatch-ufc-wwe-parent-tko-takes-on-bull-riding-endeavor-looks-to-sell-tennis-another-car-comp" target="_blank" rel="noreferrer noopener">Deal Dispatch: UFC, WWE Parent TKO Takes On Bull Riding; Endeavor Looks To Sell Tennis; Another Car Company Goes Bankrupt</a></li>
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Reiteration

Analyst Ratings

Trading Ideas

FDFF

Apollo's Fee Related Earnings Growth Sets It Apart in Alternative Assets, Says Goldman Sachs With Bullish EPS Forecast

Wall Street rallied on Tuesday as improved investor sentiment aligned with millions of Americans casting their votes <a href="https://www.benzinga.com/topic/2024-election">for the 47th president.</a>
Betting markets leaned slightly toward Donald Trump, with CFTC-regulated Kalshi placing Trump's win probability at 56% compared to Kamala Harris's 44%.
National polls show a close contest, with the latest New York Times/Siena College poll indicating both candidates tied at 48% in the popular vote.
The S&amp;P 500 climbed 1.2%, while the tech-focused Nasdaq 100 surged 1.5%, marking its strongest one-day increase in nearly a month. 
All 11 sectors of the S&amp;P 500 experienced gains, with consumer discretionary stocks outperforming. Small caps also joined the rally, with the Russell 2000 index gaining 1.1%.
Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) led the S&amp;P 500, with shares soaring after the artificial intelligence company surpassed quarterly earnings estimates and provided strong guidance.
In macroeconomic news, U.S. services sector activity hit over two-year highs <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41750522/us-services-sector-gauge-rises-more-than-expected-to-over-2-year-highs-as-employm">in October, outperforming expectations</a>.
Treasury yields increased by 5 basis points, while the dollar declined for a second consecutive session.
Gold edged up 0.3%, hovering near record highs, and oil prices gained 1.2% after a 3.2% surge on Monday.
Crypto sentiment was strong as well, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) jumping 4.5% to over $70,000 and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) spiking 12%.
Read also: <a href="https://www.benzinga.com/markets/24/11/41741466/if-trump-and-republicans-sweep-dollar-may-climb-7-but-harris-win-could-bring-5-drop-says-jpmorgan">If Trump And Republicans Sweep, Dollar May Climb 7% — But Harris Win Could Bring 5% Drop, Says JPMorgan</a>
<h3 class="wp-block-heading">Tuesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,259.62</td>
<td>1.5%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,779.38</td>
<td>1.2%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,244.40</td>
<td>1.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,191.93</td>
<td>1.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:30 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent110424&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 1.1% to $575.87.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.9% to $421.79.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) soared 1.4% to $492.61.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 1.1% to $222.47.</li>
<li>The Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) outperformed, rising 1.7%. The Materials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) lagged, up 0.4%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
Stocks reacting to earnings reports included: 
<ul>
<li>Vertex Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>), up 4.8%</li>
<li>Palantir Technologies Inc., up 22.8%</li>
<li>NXP Semiconductors NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>), down 6.8%</li>
<li>Diamondback Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>), down 1.6%</li>
<li>American International Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIG#NYSE">AIG</a>), down 2.3%</li>
<li>Illumina Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>), down 0.5%</li>
<li>Apollo Global Management Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>), up 6.2%</li>
<li>Emerson Electric Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>), up 6.8%, </li>
<li>Marathon Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>), up 3.9%, </li>
<li>Cummins Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>), up 8.8%, </li>
<li>Targa Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRGP#NYSE">TRGP</a>), 4.7%,</li>
<li>YUM! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>), up 2.5%, </li>
</ul>
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$DOGE

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Select Sector SPDR-Consumer Discretionary

YUMC

Wall Street Rallies On Election Day, Palantir Skyrockets, Bitcoin Tops $70,000: What's Driving Markets Tuesday?

U.S. stocks were higher, with the Dow Jones index gaining around 300 points on Tuesday.
Shares of Emerson Electric Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) rose sharply during Monday's session after the company reported better-than-expected fourth-quarter financial results and issued FY25 adjusted EPS guidance above estimates. Also, the company announced it increased return of capital to shareholders with plans to repurchase <a href="https://www.benzinga.com/news/earnings/24/11/41748679/emerson-electric-gains-on-q4-earnings-beat-and-fy25-growth-forecast-eyes-aspentech-buyout">approximately $2B in FY25.</a>
Net sales growth of 13% year over year to $4.62 billion, beating the consensus of $4.57 billion. Underlying sales were up 4%, and underlying orders increased by 2% in the quarter. Adjusted EPS improved 15% to $1.48, beating the consensus of $1.47.
Emerson Electric shares jumped 6.6% to $117.01 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Vimeo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMEO#NASDAQ">VMEO</a>) shares jumped 42.7% to $6.86 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance above estimates.</li>
<li>Gogo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) gained 29.3% to $8.47 after the company reported better-than-expected third-quarter financial results.</li>
<li>Astera Labs Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) rose 29.1% to $90.14 after the company reported better-than-expected third-quarter EPS and sales.</li>
<li>Aris Water Solutions Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARIS#NYSE">ARIS</a>) gained 25.8% to $20.84 following strong quarterly results.</li>
<li>Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) gained 22.4% to $50.70 after the company reported better-than-expected third-quarter financial results and issued guidance above consensus estimates.</li>
<li>UFP Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFPT#NASDAQ">UFPT</a>) rose 20.7% to $335.00 after the company reported better-than-expected third-quarter financial results.</li>
<li>Lindblad Expeditions Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIND#NASDAQ">LIND</a>) gained 20.6% to $11.28 after the company reported better-than-expected third-quarter financial results.</li>
<li>DXP Enterprises Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) gained 18.7% to $60.45 following strong quarterly results.</li>
<li>Century Aluminum Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) gained 17.7% to $20.66 following upbeat quarterly earnings.</li>
<li>Payoneer Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYO#NASDAQ">PAYO</a>) climbed 16% to $9.88 after the company reported better-than-expected quarterly EPS and sales and raised its FY24 revenue guidance.</li>
<li>Cushman &amp; Wakefield PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWK#NYSE">CWK</a>) gained 13.2% to $14.88 after the company reported better-than-expected quarterly adjusted EPS results.</li>
<li>Ingredion Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INGR#NYSE">INGR</a>) rose 12.6% to $150.97 following upbeat earnings.</li>
<li>Primoris Services Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRIM#NYSE">PRIM</a>) gained 10.5% to $71.11 following strong quarterly earnings.</li>
<li>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) rose 9.1% to $293.34.</li>
<li>Cummins Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) gained 8.7% to $353.91 after the company reported better-than-expected third-quarter financial results.</li>
<li>Nomura Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMR#NYSE">NMR</a>) rose 7.3% to $5.64 following second-quarter results.</li>
<li>Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) gained 6.8% to $149.00 after the company reported better-than-expected quarterly financial results.</li>
</ul>
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41744659/jim-cramer-says-he-cant-recommend-this-major-automaker-ceva-is-way-too-high">Jim Cramer Says He Can&#8217;t Recommend This Major Automaker, Ceva Is &#8216;Way Too High&#8217;</a></li>
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Intraday Update

ALAB

ARIS

CENX

DXPE

GOGO

INGR

LIND

PAYO

POWL

PRIM

UFPT

VMEO

Emerson Electric Posts Better-Than-Expected Results, Joins Palantir Technologies, DXP Enterprises, Cummins, Apollo Global Management And Other Big Stocks Moving Higher On Tuesday

WIIM

Apollo Global Management shares are trading higher after the company reported better-than-expected Q3 financial results.

Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $1.72 by 7.56 percent. The company reported quarterly sales of $7.773 billion which beat the analyst consensus estimate of $4.131 billion by 88.18 percent. This is a 199.54 percent increase over sales of $2.595 billion the same period last year.

Earnings Beats

Apollo Global Management Q3 2024 Adj. EPS $1.85 Beats $1.72 Estimate, Sales $7.773B Beat $4.131B Estimate

ADT Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/adt#NYSE">ADT</a>) ("ADT" or the "Company") today announced a proposed secondary public offering of 56,000,000 shares of the Company's common stock held by certain entities managed by affiliates of Apollo Global
ADT Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>) ("ADT" or the "Company") today announced a proposed secondary public offering of 56,000,000 shares of the Company's common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholders"). The underwriters will have a 30-day option to purchase up to an additional 8,400,000 shares of common stock from the Selling Stockholders. The Company is not selling any shares and will not receive any proceeds from the proposed offering.
In addition, ADT has authorized the concurrent purchase from the underwriters of 16,000,000 shares of common stock as part of the secondary public offering (the "Share Repurchase") subject to the completion of the offering. The Share Repurchase is part of the Company's existing $350 million share repurchase program. The underwriters will not receive any underwriting fees for the shares being repurchased by the Company.

Offerings

ADT Proposed Secondary Public Offering of 56M Common Stock and 16M Concurrent Share Repurchase By Selling Shareholder Apollo Global Management

<h2 class="wp-block-heading">New On The Block</h2>
Ari Emanuel&#8216;s sports and entertainment conglomerate, Endeavor Group Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDR#NYSE">EDR</a>), is reviewing a potential sale of IMG tennis assets — including the Miami Open and Madrid Open tennis tournaments. Most of IMG&#8217;s other assets were included in a transaction announced on Thursday with TKO Group Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKO#NYSE">TKO</a>), the parent company of Ultimate Fighting Championship (UFC) and <a href="https://www.benzinga.com/topic/wwe">World Wrestling Entertainment (WWE)</a>. 
The Frieze Art Fair, a curated event featuring modern and contemporary works, is also for sale. Endeavor acquired a majority stake in April 2016. The Raine Group is advising Endeavor.
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<h2 class="wp-block-heading">Off The Block</h2>
TKO, created a year ago from the <a href="https://www.benzinga.com/general/entertainment/23/09/34455843/wwe-and-ufc-merge-on-tuesday-heres-what-you-need-to-know">merger of the WWE and UFC</a>, acquired sports marketing agency IMG from Endeavor in a $3.25 billion all-equity deal that included Fort Worth, Texas-based Professional Bull Riders and live events business On Location. The sale is expected to close in the first half of 2025. Endeavor will end up owning approximately 59% of TKO. Separately, TKO's board has authorized a share-repurchase program of up to $2 billion of Class A common stock.
PPG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPG#NYSE">PPG</a>) agreed to sell its architectural coatings business in the U.S. and Canada for $550 million to private equity firm American Industrial Partners. This ends a sale process first announced in February. The transaction is expected to close in late 2024 or early 2025. Goldman Sachs &amp; Co. LLC advised PPG on the sale while law firm Hogan Lovells U.S. handled legal matters.
Jif peanut butter maker J.M. Smucker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) jettisoned its cookie brand, Voortman, to snacks company Second Name Brands for $305 million. Reuters first reported about the auction in July. J.M. Smucker also owns Folgers coffee, Hostess baked snacks, and a variety of pet foods, such as Meow Mix and Kibbles &#8216;n Bits.
<h2 class="wp-block-heading">Updates From The Block</h2>
Biotech firm ProPhase Labs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRPH#NASDAQ">PRPH</a>) <a href="https://www.nasdaq.com/press-release/prophase-labs-announces-positive-updates-strategic-initiatives-company-anticipates">engaged</a> ThinkEquity to advise the sale of PMI. So far, more than 70 potential acquirers are in consideration. The deal is expected to close in 2025.
Durham, North Carolina-based Wolfspeed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) <a href="https://www.ft.com/content/b31d96e7-9c1c-44d9-b358-ebe8ce7842c1">put</a> plans for a German semiconductor plant on hold. The development comes about two months after activist investment firm, Jana Partners, started urging the Wolfspeed board to explore a sale of the entire company.
Verizon Communications Inc. ((NYSE, NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NASDAQ">VZ</a>) offered to buy Frontier Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FYBR#NASDAQ">FYBR</a>) for $38.50 per share. The Frontier board had been considering a sale; it recommended stockholders vote "for" the transaction.
<h2 class="wp-block-heading">Bankruptcy Block</h2>
Radford Motors, a luxury car manufacturer owned by British TV personality Ant Anstead, <a href="https://people.com/ant-anstead-supercar-company-radford-motors-files-for-bankruptcy-8733015">filed</a> Chapter 11. People Magazine broke the story. This year, Hiphi, a Chinese EV startup, backed by Human Horizons, filed for bankruptcy in August. E.Go, a German electric car maker, filed for insolvency for the second time in March and entered liquidation in May.
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Deal Dispatch: UFC, WWE Parent TKO Takes On Bull Riding; Endeavor Looks To Sell Tennis; Another Car Company Goes Bankrupt

Investors with a lot of money to spend have taken a bullish stance on Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with APO, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 8 uncommon options trades for Apollo Global Management.
This isn't normal.
The overall sentiment of these big-money traders is split between 37% bullish and 37%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $358,719, and 5 are calls, for a total amount of $342,836.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $140.0 to $170.0 for Apollo Global Management over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Apollo Global Management's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Apollo Global Management's whale trades within a strike price range from $140.0 to $170.0 in the last 30 days. 
<h3>Apollo Global Management Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729880168_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>APO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$31.1</td>
<td>$31.0</td>
<td>$31.0</td>
<td>$170.00</td>
<td>$201.5K</td>
<td>0</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>APO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$8.0</td>
<td>$7.9</td>
<td>$8.0</td>
<td>$145.00</td>
<td>$115.2K</td>
<td>325</td>
<td style="text-align: right;">144</td>
</tr>
<tr>
<td>APO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$10.3</td>
<td>$10.0</td>
<td>$10.1</td>
<td>$140.00</td>
<td>$101.0K</td>
<td>2.5K</td>
<td style="text-align: right;">300</td>
</tr>
<tr>
<td>APO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$10.2</td>
<td>$9.5</td>
<td>$10.0</td>
<td>$140.00</td>
<td>$100.0K</td>
<td>2.5K</td>
<td style="text-align: right;">547</td>
</tr>
<tr>
<td>APO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$9.7</td>
<td>$9.5</td>
<td>$9.6</td>
<td>$140.00</td>
<td>$48.0K</td>
<td>2.5K</td>
<td style="text-align: right;">627</td>
</tr>
</tbody>
</table>

<h3>About Apollo Global Management</h3>
Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment.
Having examined the options trading patterns of Apollo Global Management, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Apollo Global Management Standing Right Now?</h3>
<ul>
<li>With a volume of 1,396,907, the price of APO is down -1.66% at $143.86. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 11 days.</li>
</ul>
<h3>What The Experts Say On Apollo Global Management</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $148.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Apollo Global Management, which currently sits at a price target of $150. 
&#x2A; Maintaining their stance, an analyst from TD Cowen continues to hold a Buy rating for Apollo Global Management, targeting a price of $162. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Apollo Global Management, which currently sits at a price target of $137. 
&#x2A; An analyst from JP Morgan persists with their Overweight rating on Apollo Global Management, maintaining a target price of $143. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on Apollo Global Management, which currently sits at a price target of $148. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Apollo Global Management, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Market Whales and Their Recent Bets on APO Options

Barnes Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/B#NYSE">B</a>) reported a third-quarter FY24 sales increase of 7% year-over-year to $388 million (organic sales: +4%), <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41540364/barnes-reports-third-quarter-2024-financial-results" rel="noreferrer noopener">beating the consensus of $380.3 million</a>.
The net impact of acquisition and divestiture-related sales contributed about 3% to revenue, while foreign exchange fluctuations added approximately 1%.
In Aerospace segment, sales surged 49% to $232 million. Original equipment manufacturing (OEM) sales rose by 38%, and aftermarket sales surged by 67%.
Aerospace OEM backlog ended the third quarter at $1.80 billion, up 19% sequentially.
In the Industrial segment, sales stood at $156 million, down 24% due to the sale of the Associated Spring and Hänggi businesses.&nbsp;
Total adjusted operating income rose 23% to $47.9 million, with adjusted operating margin increasing 150 bps to 12.3%.
Adjusted EBITDA increased 16% to $76.9 million, with an adjusted EBITDA margin of 19.8%, up 140 bps from a year ago.
Adjusted EPS of&nbsp;$0.09&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">missed the consensus of $0.39</a>.
Year-to-date, operating cash flow stood at $49.8 million and free cash flow (adjusted for the tax payments related to the divestiture) came in at $20.4 million.
Thomas J. Hook, President and Chief Executive Officer, said, &#8220;In the third quarter, despite ongoing production delays from aircraft manufacturers, our Aerospace OEM business generated extraordinarily strong orders in anticipation of a future industry re-ramp. Meanwhile, our Aerospace aftermarket business continues to deliver robust performance on strong top-line growth.&#8221;
&#8221;With the MB Aerospace integration and synergies progressing ahead of plan, we are delivering on our strategy to scale Aerospace and transform Barnes.&#8221;
This month, Barnes inked a deal to be acquired by funds managed by affiliates of&nbsp;Apollo Global Management, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) in an all-cash&nbsp;transaction <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41210983/barnes-to-go-private-in-3-6b-acquisition-deal-with-apollo" rel="noreferrer noopener">valued at around&nbsp;$3.6 billion</a>.
The agreement stipulates that Barnes shareholders will receive $47.50 per share in cash, representing a premium of about 22% over the undisturbed closing share price on June 25, 2024.
Given the pending acquisition, the company will not hold a conference call or webcast for the quarter and is also suspending its full-year 2024 financial guidance.
Price Action: B shares closed higher by 0.06% at $46.70 on Thursday.
Photo: Courtesy of Pasuwan via Shutterstock
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Guidance

Barnes Group Q3 Earnings: Aerospace Sales Jump 49%, Suspends Guidance Due To Buyout By Apollo

Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) has outperformed the market over the past 10 years by 8.38% on an annualized basis producing an average annual return of 19.66%. Currently, Apollo Global Management has a market capitalization of $81.75 billion. 
Buying $1000 In APO: If an investor had bought $1000 of APO stock 10 years ago, it would be worth $6,195.08 today based on a price of $143.54 for APO at the time of writing.
<h3>Apollo Global Management's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729715416_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 10 Years Ago Would Be Worth $6,200 Today

<a href="https://www.semafor.com/article/10/21/2024/apollo-softbank-eyed-giant-ai-investment-fund">https://www.semafor.com/article/10/21/2024/apollo-softbank-eyed-giant-ai-investment-fund</a>
&nbsp;
<h3>The Scoop</h3>
SoftBank and Apollo discussed a giant fund to invest in data centers, chip factories, and other AI projects, joining a stampede of capital rushing to fund the next digital revolution.
The two talked about setting up a fund of more than $20 billion, people familiar with the matter said, though the talks have cooled since the summer and may go nowhere. The venture would likely involve industry partners including Arm, the chip giant that is majority-owned by SoftBank, the people said. One person familiar with the matter said SoftBank had also had talks with other funding sources, though those with Apollo were the most advanced.
SoftBank CEO Masayoshi Son has been <a href="https://www.bloomberg.com/news/articles/2024-02-16/masayoshi-son-seeks-to-build-a-100-billion-ai-chip-venture">looking for a deep-pocketed partner</a> to build a competitor to Nvidia, which dominates the market for high-end AI chips, Bloomberg reported in February. He's no stranger to giant, bet-the-farm funds that underwrite whole sectors. His $100 billion Vision Fund, launched in 2017, did as much as any investor to inflate the unicorn bubble, and overbet on startups only lightly enabled by tech, like on-demand dog-walking and, famously, WeWork.
Now Son is all in on artificial intelligence, which he says will be 10 times smarter than all of human intelligence by 2030 and <a href="https://www.cnbc.com/2024/06/21/softbank-ceo-predicts-ai-that-is-10000-times-smarter-than-humans-.html">10,000 times</a> smarter a few years after that. He has <a href="https://www.wsj.com/tech/ai/softbanks-son-says-artificial-general-intelligence-will-soon-surpass-humans-8bcdb47f?mod=tech_lead_story">admitted to asking ChatGPT</a> for investment advice, warned that companies have to "take advantage of it or be left behind," and in a presentation slide that was <a href="https://www.businessinsider.com/softbank-ceo-masayoshi-son-on-ai-doubters-being-left-behind-2023-10">puzzling</a> even by Son's enigmatic standards, compared AI doubters to goldfish.
Representatives for both companies declined to comment.

SFTBY

'Apollo, SoftBank Discussed A Giant Fund To Invest In Data Centers' - Semafor

UBS analyst Brennan Hawken maintains Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) with a Neutral and raises the price target from $117 to $150.

Price Target

UBS Maintains Neutral on Apollo Global Management, Raises Price Target to $150

<h2 class="wp-block-heading">New On The Block</h2>
Altus Power (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPS#NYSE">AMPS</a>) tapped investment bank Moelis &amp; Company LLC to explore strategies to boost shareholder value. According to the clean electricity provider, the process should wrap up by 2025. Altus retained law firm Latham &amp; Watkins to <a href="https://www.benzinga.com/topic/clean-energy">advise on legal matters</a>. 
Motorsport Games Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSGM#NASDAQ">MSGM</a>) is also looking to increase shareholder value via a potential sale or merger. The goal is to generate enough funds to bring Le Mans Ultimate to Sony PlayStation and Microsoft Xbox gaming consoles. Le Mans Ultimate is the official game of the FIA World Endurance Championship.
<h2 class="wp-block-heading">Off The Block</h2>
Denmark-based H. Lundbeck A/S agreed to acquire Longboard Pharmaceuticals, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBPH#NASDAQ">LBPH</a>) for $60 per share in cash. The transaction is valued at approximately $2.6 billion in equity value and $2.5 billion (approximately 17 billion Danish krone). The deal is expected to close in the <a href="https://www.benzinga.com/general/biotech/24/10/41313129/why-is-epilepsy-focused-longboard-pharmaceuticals-stock-trading-higher-on-monday">fourth quarter of 2024</a>.
Universal Stainless &amp; Alloy Products, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/USAP#NASDAQ">USAP</a>) agreed to an all-cash offer by Luxembourg-based Aperam for $45 per share. The acquisition will give Aperam its first manufacturing facility in the U.S., expanding its geographic reach and product portfolio, particularly in high-growth sectors such as <a href="https://www.benzinga.com/markets/equities/24/10/41385280/universal-stainless-finds-new-home-as-luxembourg-based-aperam-makes-big-us-move-details">aerospace and industrial applications</a>.
Bit Digital Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) purchased HPC data center company Enovum Data Centers&nbsp;for about CAD$62.8 million ($46 million). The acquisition <a href="https://www.benzinga.com/m-a/24/10/41336358/bit-digital-stock-is-rising-tuesday-whats-driving-the-action">closed on Oct. 11</a>.
<h2 class="wp-block-heading">Updates From The Block</h2>
Private equity firms TPG and Blackstone placed a joint bid to acquire eye care company Bausch + Lomb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLCO#NYSE">BLCO</a>), per the Financial Times. Last month, Bausch + Lomb said it was considering a sale to address concerns from creditors, including&nbsp;Apollo Global Management Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>),&nbsp; over the separation from parent company,&nbsp;Bausch Health&nbsp;Companies&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHC#NYSE">BHC</a>). The Bausch + Lomb spin-off was part of Bausch Health&#8217;s plan to <a href="https://www.benzinga.com/news/large-cap/24/10/41313679/bausch-lomb-sale-process-gains-momentum-as-tpg-and-blackstone-join-forces">alleviate its $21 billion debt</a>.
<h2 class="wp-block-heading">Bankruptcy Block</h2>
True Value declared bankruptcy. It plans to sell assets to rival Do it Best. The Chicago-based hardware store chain said an agreement was reached after a &#8220;robust marketing process&#8221; from which the company emerged as the top bidder. See our coverage below. 
<figure class="wp-block-embed is-type-video is-provider-dailymotion wp-block-embed-dailymotion wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="True Value Files for Chapter 11. Aims For Sale By Rival Do It Best By Year&#039;s End." frameborder="0" width="500" height="281" src="https://geo.dailymotion.com/player.html?video=x97f6ta&#038;" allowfullscreen allow="autoplay; fullscreen; picture-in-picture; web-share"></iframe>
</div>
</figure>
<h2 class="wp-block-heading">Notes From The Block</h2>
According to <a href="https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/m-a-activity-in-the-us-and-canada-falls-in-q3-as-deal-value-rises-85741632">S&amp;P Global</a>, M&amp;A activity in the U.S. and Canada lagged compared to 2023.
<ul>
<li>The deal tally for the U.S. and Canada announced in the third quarter was 4,153 — down 4.3% from the preceding quarter, but up 2% from the third quarter of 2023.</li>
<li>Aggregate value amounted to $365.99 billion; up from $301.62 billion in the second quarter and $282.77 billion in the year-ago period.</li>
<li>The first nine months of 2024 saw 12,680 M&amp;A deals in the U.S. and Canada. That&#8217;s less than the 13,203 deals for the same time frame in 2023.</li>
<li>M&amp;A value for the first three quarters of 2024 hovered at around $1.052 trillion — up from $838.32 billion during the three months in 2023.</li>
</ul>
Joe Mantone, who authors the quarterly M&amp;A reports at S&amp;P Global Market Intelligence, had this to say: 
BZ: Was there anything that surprised you from the latest deal data?
Mantone: The quarter-over-quarter drop in the number of deals is not that surprising given seasonal trends. Dealmaking tends to slow during the third quarter&#8217;s summer months. The year-over-year increase in deals provides a bit of evidence that M&amp;A is recovering. But activity levels are still below historical norms, and the number of transactions announced in the US and Canada haven't fluctuated much over the last six quarters.
BZ: Will Q4 finish strong with the change in benchmark <a href="https://www.benzinga.com/topic/interest-rates">interest rates</a>?
Lower rates can create a more conducive backdrop for M&amp;A, and help the number of deals announced move beyond current levels. While it&#8217;s hard to predict activity in any one given quarter, I do think lower rates will serve as a catalyst for M&amp;A as we move into 2025, especially for deals involving private equity. Private equity firms have plenty of dry powder, and the lower interest rates will decrease the cost of acquisition financing, which is beneficial for those using leverage on the buyside. Buyers having access to less expensive debt tends to increase valuations, which can lead to more private equity firms selling portfolio companies.
BZ: How do you expect dealmakers to react post-Election Day?
On the total deal value side, the fourth quarter presents a difficult year-over-year comparison because there were some extremely large deals in the fourth quarter of 2023. It wouldn&#8217;t surprise if there was some pause around the election for bigger transactions, but I doubt that dealmakers will completely change their strategic plans based on the outcome, one way or another.&nbsp;
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Deal Dispatch: Altus Power, Motorsport Games Explore Options, True Value Goes Bankrupt, M&A Activity Lags

Each week,&nbsp;Benzinga's Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also:&nbsp;<a href="https://www.benzinga.com/top-stories/24/10/41150827/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-september-2024-where-do-tesla-nvidia-apple" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In September 2024 – Where Do Tesla, Nvidia, Apple, DJT Stock Rank?</a>
Here&#8217;s a look at the Benzinga Stock Whisper Index for the week of Oct. 18:
MGE Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGEE#NASDAQ">MGEE</a>) is new to the Stock Whisper Index. The electric and natural gas company, which covers the Wisconsin area, saw increased interest from readers. Shares are trading near a 52-week high, with third-quarter financial results expected in late October. Morgan Stanley <a href="https://www.benzinga.com/quote/MGEE/analyst-ratings">maintained an Underweight rating</a> on the stock in September and raised the price target from $71 to $74. Shares of MGE Energy were up over 3% over the last five days as shown on the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101824&amp;t=be2bearmibe3na1">Benzinga Pro chart</a> below and are up 27% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101824&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102636/Screenshot-212.png" alt="" class="wp-image-602867" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102636/Screenshot-212.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102636/Screenshot-212-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102636/Screenshot-212-768x387.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Apollo Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) saw increased interest from Benzinga readers during the week. The stock also trades near a 52-week high. This comes as <a href="https://www.benzinga.com/news/24/10/41298071/bank-stocks-surge-as-jpmorgan-and-wells-fargo-lead-strong-q3-earnings-rally">bank stocks and financial service companies</a> have reported quarterly financial results that beat estimates and showed strength in the sector. Several Apollo peers <a href="https://www.benzinga.com/markets/24/10/41400161/morgan-stanley-analysts-optimistic-after-q3-fed-rate-declines-should-drive-robust-growth-in-asset-ma">showed strength</a> that could have investors anticipating a strong third-quarter report from the company on Nov. 5. Analysts expect the company to report earnings per share of $1.72 and revenue of $4.14 billion. The alternative investment management company has missed analyst estimates for earnings per share in three of the last five quarters. But revenue has been a much different story. Apollo enjoyed three straight beats and totals higher than analyst estimates in eight of the last 10 quarters. Apollo shares are up over 5% in the last five days and up over 59% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101824&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="506" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102657/Screenshot-213.png" alt="" class="wp-image-602868" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102657/Screenshot-213.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102657/Screenshot-213-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102657/Screenshot-213-768x391.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
ServiceNow Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) saw increased interest from readers on the heels of announcing a<a href="https://www.benzinga.com/markets/equities/24/10/41313277/servicenow-commits-1-5b-to-uk-ai-and-workforce-growth"> $1.5 billion investment</a> in the U.K. to grow its innovation and artificial intelligence work. The software company will report third-quarter financial results on Oct. 23. Analysts expect the company to report earnings per share of $3.46 and revenue of $2.74 billion. The company has beaten analyst estimates on earnings per share in more than 10 straight quarters and beaten revenue estimates in six straight quarters. In <a href="https://www.benzinga.com/news/earnings/24/07/39944577/servicenow-q2-earnings-revenue-beat-eps-beat-servicenow-intends-to-reinvent-every-workflow-in-every">second-quarter results,</a> ServiceNow CEO Bill McDermott said the company's "relevance as the AI Platform for business transformation remains stronger than ever," which could be a good sign for future quarterly results. McDermott said ServiceNow plans to reinvent workflow in every industry it can, powered by generative AI.
Analysts have been <a href="https://www.benzinga.com/quote/NOW/analyst-ratings">raising their price targets</a> on ServiceNow ahead of the quarterly earnings. ServiceNow shares were down on the week, but remain up over 30% year-to-date.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101824&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102715/Screenshot-214.png" alt="" class="wp-image-602872" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102715/Screenshot-214.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102715/Screenshot-214-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102715/Screenshot-214-768x387.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) <a href="https://www.benzinga.com/top-stories/24/09/41072065/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">rejoins the Stock Whisper Index</a> with strong interest from Benzinga readers due to the energy sector and particularly companies exposed to the<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41176088/what-happened-with-vistra-constellation-energy-stocks-today"> nuclear energy sector </a>seeing rising interest thanks to growing demand for data centers and AI infrastructure. The energy company will report third-quarter financial results on Oct. 7 with earnings per share of $1.09 and revenue of $5.01 billion expected by analysts.
Vistra has missed earnings per share estimates in three of the last four quarters and revenue estimates in four of the last five quarters. The third quarter results could show if the company can beat estimates and show its strength in the sector. Analysts have been increasing their price targets on Vistra ahead of the earnings report and JPMorgan recently initiated coverage with an Overweight rating and $178 price target. The stock was up over 8% during the last five trading days as nuclear energy remains a hot investor topic. With a gain of over 230% year-to-date, Vistra stock is one of the best-performing S&amp;P 500 stocks.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101824&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="506" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102742/Screenshot-215.png" alt="" class="wp-image-602876" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102742/Screenshot-215.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102742/Screenshot-215-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102742/Screenshot-215-768x390.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) saw increased interest from readers as the ride-share company considers a bid for Expedia Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>)<a href="https://www.benzinga.com/news/24/10/41383838/expedia-shares-rises-by-around-6-whats-going-on"> according to reports</a>. Uber&#8217;s current CEO, Dara Khosrowshahi, previously led Expedia as CEO for 12 years. The report comes as Uber has considered acquisitions for growth and to diversify its business into a travel superapp. Khosrowshahi also <a href="https://www.benzinga.com/news/24/10/41328039/as-elon-musk-unveils-cybercab-uber-ceo-weighs-in-on-robotaxi-competiton-from-waymo-tesla-dont-think">showed minimal concern</a> over competition from Tesla Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41259841/uber-vs-tesla-maybe-not-analysts-say-autonomous-vehicles-will-be-market-expanding">robotaxi</a>. 
"I don't think this is going to be a winner-take-all marketplace. We believe in the spirit of partnership. We'll see what Tesla does, and either we'll compete with them, or we'll work with them, or a combination therof," Khosrowshahi said.
Uber will report quarterly results on Oct. 31, which could provide more commentary on the competition from Tesla and acquisition plans. The stock was down 2% on the week and is up over 35% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101824&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="503" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102802/Screenshot-216.png" alt="" class="wp-image-602877" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102802/Screenshot-216.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102802/Screenshot-216-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/18102802/Screenshot-216-768x388.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Stay tuned for next week's report, and follow Benzinga Pro for all the latest headlines and&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul>
<li><a href="https://www.benzinga.com/exclusives/24/09/40962321/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">September 20</a></li>
<li><a href="https://www.benzinga.com/top-stories/24/09/41072065/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">September 27</a></li>
<li><a href="https://www.benzinga.com/general/entertainment/24/10/41187322/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">October 4</a></li>
<li><a href="https://www.benzinga.com/top-stories/24/10/41296909/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">October 11</a></li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40928301/interest-rates-in-free-fall-what-it-means-for-mortgages-credit-cards-and-your-wallet-a" target="_blank" rel="noreferrer noopener">Interest Rates In Free-Fall: What It Means For Mortgages, Credit Cards And Your Wallet</a></li>
</ul>

Exclusives

MGEE

TSLA

UBER

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Goldman Sachs identified 20 stocks with high short interest that could be primed for a short squeeze, particularly if upcoming earnings reports exceed expectations, <a href="https://www.benzinga.com/short-interest/most-shorted">providing opportunities for traders</a>. 
In a note shared this week, analyst John Marshall and his team saw the potential for substantial upside for this group of stocks if the current trend of short-covering continues.
<h3 class="wp-block-heading">What Is A Short Squeeze?</h3>
A short squeeze happens when a stock with high short interest sees a rapid price surge, forcing short sellers to buy back shares to cover their positions. This buying frenzy often propels the stock price even higher. 
Short sellers bet that the price of a stock will fall, borrowing shares to sell them at the current price with the intent of repurchasing them at a lower price. 
When a stock rises instead, short sellers scramble to cover their positions, accelerating the stock&#8217;s upward momentum.
Short squeezes typically occur when heavily shorted stocks see unexpected positive news or earnings results, triggering forced buying.
<h3 class="wp-block-heading">Relief Rallies On Earnings</h3>
Goldman analysts also highlighted that heavily shorted stocks tend to be more prone to &#8220;relief rallies&#8221; around earnings. 
A relief rally occurs when stocks perform better than expected after earnings, alleviating bearish concerns and pushing share prices higher.
"We see greater than normal potential for relief rallies on earnings," said Marshall.
The Goldman Sachs team screened for 20 stocks with high short interest, liquid options, upcoming earnings, and a Buy rating from their equity research department.
Analysts at Goldman Sachs recommend to buy call options in order to bet on a potential short squeeze. 
Call options give investors the right, but not the obligation, to buy a stock at a specific price within a set timeframe. This strategy limits risk while allowing for participation in any significant price increases due to a short squeeze or positive earnings surprise.
See Also: <a href="https://www.benzinga.com/markets/24/10/41302909/18-stocks-to-buy-7-to-sell-this-earnings-season-goldman-sachs-calls-it-the-year-of-the-stock-picker">18 Stocks To Buy, 7 To Sell This Earnings Season: Goldman Sachs Calls It &#8216;The Year Of The Stock Picker&#8217;</a>
<h3 class="wp-block-heading">Goldman Sachs Names 20 Stocks Primed For Short-Squeeze Rallies</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Earnings Date</th>
<th>Short Interest (% of Float)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>)</td>
<td>Dec 4 (After Market Close)</td>
<td>10.7%</td>
</tr>
<tr>
<td>Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>)</td>
<td>Oct 22 (AMC)</td>
<td>10.6%</td>
</tr>
<tr>
<td>Moderna Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>)</td>
<td>Oct 31 (Before Market Open)</td>
<td>9.1%</td>
</tr>
<tr>
<td>Affirm Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>)</td>
<td>Nov 6 (AMC)</td>
<td>8.4%</td>
</tr>
<tr>
<td>Dick&#8217;s Sporting Goods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>)</td>
<td>Nov 19 (BMO)</td>
<td>7.6%</td>
</tr>
<tr>
<td>Best Buy Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>)</td>
<td>Nov 19 (BMO)</td>
<td>7.1%</td>
</tr>
<tr>
<td>TKO Group Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKO#NYSE">TKO</a>)</td>
<td>Nov 6 (AMC)</td>
<td>6.8%</td>
</tr>
<tr>
<td>Dollar Tree Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>)</td>
<td>Nov 27 (BMO)</td>
<td>5.8%</td>
</tr>
<tr>
<td>ON Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>)</td>
<td>Oct 28 (BMO)</td>
<td>5.6%</td>
</tr>
<tr>
<td>Apollo Global Management Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>)</td>
<td>Nov 5 (BMO)</td>
<td>5.5%</td>
</tr>
<tr>
<td>DraftKings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>)</td>
<td>Oct 31 (AMC)</td>
<td>5.3%</td>
</tr>
<tr>
<td>Expedia Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>)</td>
<td>Nov 7 (AMC)</td>
<td>5.2%</td>
</tr>
<tr>
<td>Vertiv Holdings Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>)</td>
<td>Oct 23 (BMO)</td>
<td>5.2%</td>
</tr>
<tr>
<td>Royal Caribbean Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>)</td>
<td>Oct 29 (BMO)</td>
<td>4.9%</td>
</tr>
<tr>
<td>First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>)</td>
<td>Oct 29 (AMC)</td>
<td>4.8%</td>
</tr>
<tr>
<td>MongoDB Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>)</td>
<td>Dec 3 (BMO)</td>
<td>4.7%</td>
</tr>
<tr>
<td>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>)</td>
<td>Nov 25 (AMC)</td>
<td>4.7%</td>
</tr>
<tr>
<td>Generac Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>)</td>
<td>Oct 30 (BMO)</td>
<td>4.7%</td>
</tr>
<tr>
<td>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>)</td>
<td>Nov 27 (AMC)</td>
<td>4.5%</td>
</tr>
<tr>
<td>CrowdStrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>)</td>
<td>Nov 26 (AMC)</td>
<td>4.4%</td>
</tr>
</tbody>
</table>
</figure>
Read Now:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41314387/most-widely-hated-bull-market-reaches-2-year-milestone-top-20-s-p-500-stocks-drivin">&#8216;Most Widely Hated&#8217; Bull Market Reaches 2-Year Milestone: Top 20 S&amp;P 500 Stocks Driving The Rally</a></li>
</ul>
Image: Shutterstock

Goldman Sachs Highlights 20 Top Short-Squeeze Opportunities For Q3 Earnings Season

ARES

Shares of PE stocks are trading higher following better-than-expected Q3 earnings from Blackstone.

BlackRock, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>)&nbsp;reportedly plans&nbsp;to establish a private credit venture with Indian billionaire and the richest Asian Mukesh Ambani&#8217;s<a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/24/10/41323418/blackrock-ceo-larry-fink-says-bitcoin-other-cryptos-have-bright-future-regardless-of-wheth" rel="noreferrer noopener">&nbsp;</a>Jio Financial Services Ltd<a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/24/10/41323418/blackrock-ceo-larry-fink-says-bitcoin-other-cryptos-have-bright-future-regardless-of-wheth" rel="noreferrer noopener">.</a>
Bloomberg, citing people familiar with the <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-10-16/blackrock-in-talks-with-ambani-for-india-private-credit-venture?sref=TBDibEcD" rel="noreferrer noopener">discussions</a>, reported that the company is planning to expand into the direct lending space in India.
Earlier this month, the companies received approval from India&#8217;s market regulator to serve as co-sponsors and establish a mutual fund business, reported Reuters.
It will be a 50-50 joint venture that will give loans from large companies to startups.
If the parties proceed toward the deal, it will be BlackRock&#8217;s third venture with Ambani after collaborating to create asset management and stock broking enterprises in the country.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41358201/whats-going-on-with-trump-related-phunware-stock-today" rel="noreferrer noopener">What&#8217;s Going On With Trump-related Phunware Stock Today?</a>
Given the bright opportunities, firms like Apollo Global Management, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>),&nbsp;Cerberus Capital Management, and&nbsp;Varde Partners&nbsp;are boosting their footholds in India.
A final decision regarding the venture has yet to be made, and the companies may ultimately choose not to proceed with the partnership, Bloomberg added.
Earlier this month, Blackrock reported third-quarter results, where it registered revenue growth of&nbsp;15% year over year to&nbsp;$5.197 billion.
The company&#8217;s Chairman and CEO, Laurence D. Fink said, &#8220;We are effectively leveraging our technology, scale, and global footprint to deliver profitable growth.&#8221;
BlackRock registered $11.5 trillion in AUM, up $2.4 trillion year-over-year, driven by $456 billion of net inflows and positive market movement.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, BLK stock has gained over 58% in the past year. Investors can gain exposure to the stock via&nbsp;Fidelity Disruptive Finance ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FDFF#NASDAQ">FDFF</a>) and&nbsp;Capitol Series Trust The Nightview Fund NITE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NITE#NYSE">NITE</a>).
Price Action: BLK shares are trading higher by 0.96% to $1,016.70 at last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41288867/blackrocks-steady-climb-q3-earnings-beat-projections-assets-under-management-soars-to-11-5t" target="_blank" rel="noreferrer noopener">BlackRock&#8217;s Steady Climb: Q3 Earnings Beat Projections, Assets Under Management Soars To $11.5T</a></li>
</ul>
Image via Shutterstock

Emerging Markets

Media

General

NITE

BlackRock In Talks To Deepen Ties With Mukesh Ambani For Private Credit Venture

Deep-pocketed investors have adopted a bullish approach towards Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in APO usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 19 extraordinary options activities for Apollo Global Management. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 52% leaning bullish and 42% bearish. Among these notable options, 3 are puts, totaling $134,050, and 16 are calls, amounting to $6,553,967.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $113.0 to $200.0 for Apollo Global Management over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Apollo Global Management stands at 1462.0, with a total volume reaching 12,404.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Apollo Global Management, situated within the strike price corridor from $113.0 to $200.0, throughout the last 30 days.
<h3>Apollo Global Management Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729105259_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>APO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.8</td>
<td>$10.7</td>
<td>$11.4</td>
<td>$170.00</td>
<td>$5.7M</td>
<td>10.0K</td>
<td>5.0K</td>
</tr>
<tr>
<td>APO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$13.0</td>
<td>$12.4</td>
<td>$12.89</td>
<td>$130.00</td>
<td>$175.2K</td>
<td>2.1K</td>
<td>208</td>
</tr>
<tr>
<td>APO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$4.2</td>
<td>$3.9</td>
<td>$3.9</td>
<td>$139.00</td>
<td>$113.5K</td>
<td>23</td>
<td>291</td>
</tr>
<tr>
<td>APO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$11.0</td>
<td>$10.9</td>
<td>$10.9</td>
<td>$145.00</td>
<td>$92.6K</td>
<td>1.1K</td>
<td>87</td>
</tr>
<tr>
<td>APO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$10.5</td>
<td>$10.3</td>
<td>$10.5</td>
<td>$135.00</td>
<td>$61.9K</td>
<td>1.2K</td>
<td>60</td>
</tr>
</tbody>
</table>

<h3>About Apollo Global Management</h3>
Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment.
Following our analysis of the options activities associated with Apollo Global Management, we pivot to a closer look at the company's own performance.
<h3>Apollo Global Management's Current Market Status</h3>
<ul>
<li>With a volume of 1,557,038, the price of APO is up 0.61% at $142.42. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 20 days.</li>
</ul>
<h3>What Analysts Are Saying About Apollo Global Management</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $145.6.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from TD Cowen continues to hold a Buy rating for Apollo Global Management, targeting a price of $162. 
&#x2A; An analyst from JP Morgan persists with their Overweight rating on Apollo Global Management, maintaining a target price of $143. 
&#x2A; Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on Apollo Global Management with a target price of $135. 
&#x2A; In a cautious move, an analyst from Wolfe Research downgraded its rating to Outperform, setting a price target of $139. 
&#x2A; An analyst from Wells Fargo persists with their Overweight rating on Apollo Global Management, maintaining a target price of $149. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Apollo Global Management with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On Apollo Global Management

Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) has outperformed the market over the past 10 years by 8.1% on an annualized basis producing an average annual return of 19.66%. Currently, Apollo Global Management has a market capitalization of $80.62 billion. 
Buying $1000 In APO: If an investor had bought $1000 of APO stock 10 years ago, it would be worth $6,224.71 today based on a price of $141.55 for APO at the time of writing.
<h3>Apollo Global Management's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729027830_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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