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.

(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 ...

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).

Like the old IBM, except with an Undisclosed Cost Problem: Part I,” Gotham City Research says that Kyndryl “manipulates” ...

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 ...

(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. Gotham City ...

Gotham City also believes Kyndryl faces higher incremental IBM (IBM) cost of services, which will pressure earnings far below consensus, for 2025 and 2026.