Harmony Gold sinks on disappointing guidance, lower than expected dividend (NYSE:HMY) – Seeking Alpha

Harmony Gold (NYSE: HMY) experienced a decline in stock value following the release of disappointing guidance and a lower-than-expected dividend. Investors were not pleased with the company’s financial outlook, causing the stock to sink. The guidance provided by Harmony Gold fell short of expectations, leading to concerns about the company’s future performance. Additionally, the lower dividend payout was also a disappointment for shareholders. Overall, Harmony Gold’s stock took a hit as a result of these negative developments.