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Apollo Global Management Stock Falls On Unusually High Volume (APO)

By TheStreet Wire 05/17/12 - 04:11 PM EDT

Find out if (APO) is in Cramer's Portfolio.

NEW YORK (TheStreet) -- Apollo Global Management (NYSE:APO) is trading at unusually high volume Thursday with 1.2 million shares changing hands. It is currently at 5.5 times its average daily volume and trading down 51 cents (-4.5%) at $10.77 as of 3:46 p.m. ET.

Apollo Global Management has a market cap of $1.47 billion and is part of the financial sector and financial services industry. Shares are down 6.4% year to date as of the close of trading on Wednesday.

Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to pension and endowment funds, institutional investors, individual investors, pooled investment vehicles, and corporations.

TheStreet Ratings rates Apollo Global Management as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. You can view the full Apollo Global Management Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

For more information on Apollo Global Management LLC click any of the following:

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