Harmony Gold Mining Company Limited (HMY) saw a 5.76% drop in share prices due to gold price decrease.

From Yahoo Finance: 2025-04-23 21:39:00

Wall Street indices saw gains as concerns about tariffs and the Federal Reserve eased after Trump’s reassurance. Nasdaq rose 2.5%, S&P 500 by 1.67%, and Dow Jones by 1.07%. However, 10 companies saw declines on Wednesday, with details on the worst-performing stocks provided in the article.

Harmony Gold Mining Company Limited (HMY) experienced a 5.76% drop in share prices due to a decrease in gold spot prices. The company’s net income grew by 33% in the first semester, with revenues increasing by 18%. HMY ranks 9th on the list of worst-performing stocks, as detailed in the article.

Despite HMY’s potential, AI stocks are seen as more promising for higher returns. Investors are encouraged to explore AI stocks for better investment opportunities. The article provides insights into a specific AI stock that is performing well and is trading at a discount, offering a potential alternative to HMY for investors seeking higher returns.

Read more: Why Harmony Gold Mining Company Limited (HMY) Lagged Performance on Wednesday