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Alleging malpractices in reporting certain metrics, the short-seller's report triggered a heavy selloff in the IBM partner's stock.
Oppenheimer said it spoke directly with Kyndryl management and found no "smoking gun" in the short report's allegations.
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 shares...
Short-seller Gotham City Research calls Kyndryl ‘uninvestable,’ raising concerns over its financial reporting, cash flows, and insider selling.
Kyndryl Holdings (NYSE: KD) looks like an expensive stock. The IT infrastructure specialist trades at 61 times GAAP earnings, and its free cash flows have been negative across the past four quarters. That's...
IT Services & Consulting Stocks Q4 Results: Benchmarking Accenture (NYSE:ACN)
The stock market has been volatile lately as investors fret about tariffs, trade wars, inflation, and a potential recession. The great bull run that kicked off after the bleak early days of the pandemic...
IT Services & Consulting Stocks Q4 Recap: Benchmarking Gartner (NYSE:IT)
