Streetbeat News

Kyndryl Holdings, Inc.

https://www.kyndryl.com

Industry

Information Technology Services

Kyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and cloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services. It serves financial, telecommunications, retail, automobile, and transportation industries. The company was incorporated in 2020 and is headquartered in New York, New York.

Open

35.81

Mkt cap

8.2B

Volume

1.3M

High

35.93

P/E Ratio

-92.92

52-wk high

36.43

Low

35.21

Div yield

N/A

52-wk low

18.13

Kyndryl Holdings, Inc. (KD) experienced a decline of 0.78% in its stock price, closing at $35.39, which was a larger dip compared to the broader market.

Portfolio Pulse from

December 18, 2024 | 12:15 am

Kyndryl has launched The Kyndryl Institute to provide thought leadership and insights at the intersection of business and technology, aiming to guide organizations in the digital economy.

Portfolio Pulse from

December 17, 2024 | 1:15 pm

Wall Street analysts are optimistic about Kyndryl Holdings, Inc. (KD), which may influence investors' decisions to buy, sell, or hold the stock. Changes in analyst ratings can impact stock prices.

Portfolio Pulse from

December 13, 2024 | 3:45 pm

Kyndryl (NYSE: KD) has been recognized as a Great Place To Work in multiple countries, highlighting its positive work environment and employee satisfaction.

Portfolio Pulse from

December 11, 2024 | 2:15 pm

Kyndryl and Nokia have announced an expansion of their partnership to offer advanced data center networking services to enterprises. This collaboration aims to enhance the networking capabilities of data centers, potentially benefiting both companies.

Portfolio Pulse from

December 04, 2024 | 11:15 am

Kyndryl Holdings (KD) is undergoing a strategic turnaround by exiting low-margin contracts and signing high-value deals, leading to significant improvements in EBITDA, gross, and operating margins. The company's consulting and hyperscaler businesses are growing rapidly due to strong trends in AI, cloud, and cybersecurity.

Portfolio Pulse from

November 28, 2024 | 3:45 pm

Kyndryl Holdings, Inc. (NYSE: KD) announced its growth strategy at the 2024 Investor Day, highlighting plans for revenue growth, margin expansion, and significant cash flow generation. The company also initiated a $300 million share repurchase program.

Portfolio Pulse from

November 21, 2024 | 5:15 pm

Kyndryl Holdings, Inc. has announced a $300 million share repurchase program, indicating confidence in its business and future growth.

Portfolio Pulse from

November 21, 2024 | 12:45 pm

Kyndryl and Microsoft have launched new services to enhance cyber resilience, leveraging their partnership to offer scalable security solutions.

Portfolio Pulse from

November 14, 2024 | 2:15 pm

Kyndryl and Microsoft have expanded their collaboration to accelerate cloud modernization for customers. Kyndryl has been selected by Microsoft to participate in the RISE with SAP migration program, leveraging its IT infrastructure services and SAP expertise.

Portfolio Pulse from

November 14, 2024 | 1:45 pm

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