Gotham City said Kyndryl manipulated its reported adjusted EBITDA and adjusted free cash flow to give the appearance of profits and cash flow while in reality it generated losses and burned cash. "An ...
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 2:08pm: Adds Kyndryl response. Kyndryl (NYSE:KD) dropped 9.6% after a negative report from Gotham City Research. Gotham City disclosed that it's short shares of Kyndryl (NYSE:KD).
(Reuters) -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 Holdings ( KD -8.00%) is the target of a report from a short-seller that accuses the IT infrastructure company of ...
EDT Kyndryl has ‘undisclosed cost problem,’ says Gotham City ResearchLight Up your Portfolio with Spark:Easily identify stocks' risks and ...
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 ...
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 ...
Like the old IBM, except with an Undisclosed Cost Problem: Part I,” Gotham City Research says that Kyndryl “manipulates” ...
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.