APO — S&P 500 index addition

Apollo Global Management (APO) entered the S&P 500 at the close on Dec 23, 2024, replacing Qorvo. The recorded announcement came 17 calendar days before the effective close, on Dec 6, 2024. The company is classified in Financials in this dataset.

In the 30 calendar days leading into the effective close, APO moved +15.1%. The median 30-day run-up among the 25 S&P 500 entries with a recorded announcement and prices for that interval was +16.9%; this stock was 1.8 percentage points below that median. Measured from the effective close, APO returned 1W: -4.0% versus +0.3% for the 28-entry index median; 1M: -5.7% versus +2.2% for the 28-entry index median; 3M: -20.0% versus +5.2% for the 28-entry index median; 1Y: -21.1% versus +11.6% for the 24-entry index median. These figures do not measure movement from the announcement price.

At 1M, it ranks 20th of 28 measured S&P 500 additions and lagged the benchmark by 6.7 percentage points. At 3M, it ranks 25th of 28 measured S&P 500 additions and lagged the benchmark by 16.3 percentage points. At 1Y, it ranks 21st of 24 measured S&P 500 additions and lagged the benchmark by 38.3 percentage points. The other 6 Financials additions with a measured 1M return averaged +1.6%. This is historical context, not a projection.