ADT Stock Plummets After Apollo's Exit

ADT stock plummets as Apollo Global Management cashes out, flooding the market with shares. The broader market also feels pressure, with the S&P 500 and Nasdaq Composite slipping. ADTs peers, Brinks and Allegion, also drop. Investors worry about the extra supply dragging the price lower. ADT counters with a buyback, but its unclear if it will ease short-term pain or lead to a strong post-Apollo recovery. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/33ce94e610a68d7d