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Update 11:30am: Adds Kyndryl response. Kyndryl (NYSE:KD) dropped 12% after a negative report from Gotham City Research. Gotham City disclosed that it's short shares of Kyndryl (NYSE:KD).
Like the old IBM, except with an Undisclosed Cost Problem: Part I,” Gotham City Research says that Kyndryl (KD) “manipulates” ...
09:15 EDT Kyndryl has ‘undisclosed cost problem,’ says Gotham City Research Easily identify stocks' risks and opportunities. Discover stocks' market position with detailed competitor analyses.
On this news, Kyndryl's stock fell 5% on March 27, 2025.
Kyndryl Holdings ( KD 12.17%) 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 ...
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 ...
Application Modernization Services (US) - transforming applications to migrate from mainframe to cloud. Kyndryl is identified ...
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 ...
Reuters published an article entitled "Kyndryl shares slump after Gotham City alleges it manipulated metrics." This article stated that Kyndryl shares had fallen after "a research report from ...
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