Today’s Change
(-54.92%) $-12.90
Current Price
$10.59
Key Data Points
Market Cap
$5.4B
Day’s Range
$10.10 – $11.43
52wk Range
$10.10 – $44.20
Volume
61M
Avg Vol
2.3M
Gross Margin
21.50%
Kyndryl (KD 54.92%), an IT infrastructure and cloud services provider, closed Monday at $10.59, down 54.94%. The stock sold off after earnings and revenue missed estimates, an accounting review and delayed 10-Q filing were disclosed, and senior finance leaders departed.
Trading volume reached 59.3 million shares, about 1,777% above its three-month average of 3.2 million shares. Kyndryl IPO’d in 2021 and has fallen 74% since going…
