US EditionHMC Capital shares are down 50% in 2025, can they turn around?
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HMC Capital shares are down 50% in 2025, can they turn around?
HMC Capital Ltd (ASX: HMC) has been through the wringer. Its shares are down more than 50% in 2025 alone, and over 60% from their 12-month high. That's a brutal correction for a business that, not long ago, was being talked about as a rising star in alternative asset management. So, is this just a rough patch and ultimately, a buying opportunity? Or are HMC Capital shares the classic value trap that investors should avoid? Let's dig in. How did …
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