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-0.000453597024403494 -0.000136079107321061 0 0.0198675496688742 0.0149687018053161 0.0148779824004355 0.0109770479905651 0.0086183434636669
Stock impact report

New York investment giant Apollo joins headquarters migration to ‘freedom' states [FOX Business Network]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
In another massive blow to high-tax blue states , Apollo Global Management Inc. has announced plans to establish a second U.S. headquarters, scouting locations in Texas and South Florida. The financial investment heavyweight allegedly shared with its teams on Sunday that it plans to open the second office while keeping its flagship New York City HQ, people familiar with the matter first told the Financial Times. The report also named Nashville as a possible option. The move signals a growing trend of financial titans abandoning traditional hubs like NYC and San Francisco in favor of the Sun Belt, seeking lower taxes, better talent pools and a friendlier regulatory environment. Apollo did not immediately respond to Fox News Digital's request for comment. The flight of capital is no longer a post-pandemic trickle, as data shows that trillions of dollars in assets continue to flee high-tax jurisdictions. Between 2020 and early 2023, more than 370 investment companies moved their Show less Read more
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