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.

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).

SO WHAT: If you purchased Kyndryl securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is ...

In a recently published report titled “Kyndryl – Like the old IBM, except with an Undisclosed Cost Problem: Part I,” Gotham City Research says that Kyndryl (KD) “manipulates” reported adjusted EBITDA ...

“Kyndryl shares slump after Gotham City alleges it manipulated metrics.” According to the article, Kyndryl suffered a drop in share price after “a research report from short-seller Gotham ...

On March 27, 2025, during market hours, Reuters published an article entitled “Kyndryl shares slump after Gotham City alleges it manipulated metrics.” This article stated that Kyndryl shares ...

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 ...

(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.

WHAT IS THIS ABOUT: On March 27, 2025, during market hours, Reuters published an article entitled "Kyndryl shares slump after Gotham City alleges it manipulated metrics." This article stated that ...

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 ...