this strategic move enables Broadridge to stay ahead of market shifts while strengthening corporate governance and shareholder engagement. The acquisition of Kyndryl's Securities Industry Services ...
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 ...
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 ...
The Kyndryl stock has surged by 82% over 13 months, outperforming other mid-caps and software services stocks by 5-6x on average. We pick out a few reasons why Kyndryl is seeing strong interest ...
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 ...
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 ...
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 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 ...
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