Kyndryl Holdings (NYSE: KD) is the target of a report from a short-seller that accuses the IT infrastructure company of ...
NEW YORK, NY / ACCESS Newswire / April 4, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Kyndryl ...
Kyndryl Holdings ( KD -2.99%) looks like an expensive stock. The IT infrastructure specialist trades at 61 times GAAP earnings, and its free cash flows have been negative across the past four quarters ...
The new agreement comes at a significantly lower value than the previous $800 million deal with IBM, which ended in April ...
Shares of Kyndryl fell nearly 13% on Thursday, after a research report from short-seller Gotham City alleged the IT services provider has manipulated certain financial metrics.
Kyndryl was hit by a short report alleging issues with its accounting and its relationship with former parent IBM. Investors should consider the allegations carefully, but not rush to any conclusions.
Former IBM Americas CMO Maria Bartolome Winans was the second employee of its 2021 managed infrastructure services spinoff, ...
But then you're missing the big picture. Kyndryl's separation from former parent company IBM (NYSE: IBM) left the company with lots of low-margin client contracts, resulting in poor profit margin.
8d
Stocktwits 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 ...
Like the old IBM, except with an Undisclosed Cost Problem: Part I,” Gotham City Research says that Kyndryl “manipulates” ...
Health care tech leaders need to play a larger role in their organizations' financial strategies this year, Kyndryl's Trent ...
Additionally, the short-seller said it has identified accounting and disclosure irregularities regarding Kyndryl's reported payments to IBM from 2019 to 2023.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results