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NEW YORK, April 8, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced that it has received the 2025 Google Cloud Global ...
Investors are heading for the exits, sending shares of Kyndryl down as much as 15% on Thursday morning and 11% as of 12:00 p.m. ET. Kyndryl is a data center business that was spun out of IBM in 2021.
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. At ...
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 (NYSE:KD) Thursday announced an expanded partnership with Google (GOOG) Cloud to leverage generative AI to help streamline and accelerate the modernization of mainframe applications and ...
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 ...
NEW YORK, April 14, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced that research company ISG has recognized ...
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 ...
Project Management Institute (PMI), the world’s leading authority in project management, and Kyndryl, the world's largest IT infrastructure services provider, have renewed their strategic partnership ...
Kyndryl Shares Slump After Gotham City Alleges It Manipulated Metrics (Reuters) -Shares of Kyndryl fell nearly 13% on Thursday, after a research report from short-seller Gotham City alleged the IT ...