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Update 11:30am: Adds Kyndryl response. Kyndryl (NYSE:KD) dropped 12% after a negative report from Gotham City Research. Gotham City disclosed that it's short shares of Kyndryl (NYSE:KD).
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Asianet Newsable on MSNKyndryl Stock Sinks After Short-Seller Alleges IBM Deal Masked Billions In Hidden Costs – But Retail Traders Aren’t Buying ItKyndryl Holdings (KD) shares plunged as much as 12% on Thursday after short-seller Gotham City Research accused the IT ...
On this news, Kyndryl's stock fell 5% on March 27, 2025.
In a recently published report titled “Kyndryl – Like the old IBM, except with an Undisclosed Cost Problem: Part I,” Gotham City Research says that Kyndryl (KD) “manipulates” reported ...
Kyndryl Holdings ( KD 12.17%) is the target of a report from a short-seller that accuses the IT infrastructure company of manipulating financial metrics. Investors are heading for the exits, sending ...
March 27 (Reuters) - Shares of Kyndryl (KD.N), opens new tab fell nearly 13% on Thursday, after a research report from short-seller Gotham City alleged the IT services provider has manipulated ...
NEW YORK - Kyndryl (NYSE:KD), a prominent player in enterprise technology services with $15.11 billion in trailing twelve-month revenue, has announced the introduction of a Data Transformation Suite ...
Like the old IBM, except with an Undisclosed Cost Problem: Part I,” Gotham City Research says that Kyndryl (KD) “manipulates” ...
Gotham City Research, which is short Kyndryl shares, put out a report alleging that Kyndryl has artificially inflated its adjusted earnings before interest, taxes, depreciation, and amortization ...
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