Last November, IBM (NYSE: IBM) completed its spin-off of Kyndryl (NYSE: KD), the managed infrastructure services segment of its Global Technology Services segment. Each IBM shareholder received one ...
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At IBM spinoff Kyndryl, the stock dives 50% after an accounting probe and CFO exit: 'The red flags are already out'
Good morning. Kyndryl Holdings is the latest Fortune 500 company to face an accounting and internal control review, prompting a delay in its filings. The tech company, formerly IBM’s managed IT ...
While Kyndryl’s overall revenue is on a decline, Kyndryl Consult is growing in double digits, acting as the only green shoot for the IBM spin-off. IBM spin-off Kyndryl is betting on its consulting arm ...
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