Apollo Hits 52-Week Low as American Financial Hits High, Exposing Split in Financials
Apollo Global Management touched $25.00 the same week American Financial Group touched $148.73, while JPMorgan Chase was downgraded to Hold on leverage concerns.
Financial stocks are not moving together: insurer American Financial Group hit a 52-week high of $148.73 while alternative-asset manager Apollo Global Management hit a 52-week low of $25.00, and JPMorgan Chase was downgraded to Hold over leverage worries.