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.

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 ...

Kyndryl and Google Cloud are expanding their partnership to help customers use generative AI to move data off the mainframe and into the cloud. Kyndryl will offer a new Mainframe Modernization ...

Kyndryl's high P/E ratio and negative free cash flow make the stock look overvalued at first glance. The company is knee-deep in restructuring unprofitable contracts left over from the IBM era.

Kyndryl Holdings (NYSE: KD) 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 ...

Shares of Kyndryl fell nearly 13 per cent on Thursday, after a research report from short-seller Gotham City alleged the IT services provider has manipulated certain financial metrics. Gotham City ...

Update: After this article was published, Kyndryl issued a statement saying the Gotham City report "contains claims that are inaccurate and deliberately misleading." The company said it believes ...