Kyndryl Holdings (KD 2.60%), the old managed infrastructure segment that IBM spun off as a stand-alone company in late 2021, rallied in 2023. The stock is up 65% in 2023 with just a couple weeks ...

Kyndryl shares have fallen 60% since the split while IBM's stock traded modestly higher. ... Anders Bylund owns IBM, Intel, and Kyndryl Holdings, Inc. The Motley Fool owns and recommends Intel.

Kyndryl Holdings (NYSE: KD), the old managed infrastructure segment that IBM spun off as a stand-alone company in late 2021, rallied in 2023. The stock is up 65% in 2023 with just a couple weeks ...

First Look At Full Kyndryl Exec Compensation Since Split From IBM. When Kyndryl, the global services business resulting from IBM’s 2020 decision to spin out its managed infrastructure services ...

Kyndryl, formerly IBM’s managed infrastructure services business, is now an independent company. On Nov. 4, 2021, it began trading independently on the New York Stock Exchange with the ticker KD ...

Kyndryl's stock has demonstrated impressive momentum over the past year. Up 87% in 2023 and almost 40% year-to-date in 2024, the company has significantly outpaced market expectations.

Investors are heading for the exits, sending shares of Kyndryl down as much as 15% on Thursday morning and 11% as of 12:00 p.m. ET. Kyndryl is a data center business that was spun out of IBM in 2021.

Kyndryl Holdings Inc. KD shares fell in the extended session Tuesday after the managed infrastructure-service business spun off from International Business Machines Corp. IBM forecast revenue ...

The spinoff left Midtown-based Kyndryl with 90,000 employees and a large chunk of the legacy infrastructure services business that had been a drag on growth for IBM. before the split.

At the moment of their split, Kyndryl and IBM were one another’s biggest suppliers, ... CTO Antoine Shagoury is a former CIO of US bank State Street and of stock exchanges in London and the US.

Kyndryl Holdings (NYSE: KD), the old managed infrastructure segment that IBM spun off as a stand-alone company in late 2021, rallied in 2023. The stock is up 65% in 2023 with just a couple weeks ...