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Apollo Commercial Real Estate Finance Shares Surge 7.2%

In a notable market move, Apollo Commercial Real Estate Finance Inc. shares rose by 7.2%. The stock crossed above its 200-day moving average, indicating strong investor interest and potential upward momentum.

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AI Rating:   7

Apollo Commercial Real Estate Finance Inc. (Symbol: ARI) has shown a positive trading trend, with shares rising above the 200-day moving average of $9.63, reaching as high as $9.95 during trading on Tuesday. This upward movement is significant as it often indicates a bullish sentiment among investors.

The stock's one-year performance comparison reveals a low of $8.44 and a high of $11.64 in its 52-week range, with the last trade recorded at $9.71. The 7.2% increase indicates strong buying pressure, which could be a positive signal for investors looking for growth in the real estate sector.