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KD News5 articles
Kyndryl Shares Rally Amid Internal Review and Outlook Reset
Kyndryl Holdings saw its shares climb approximately 9% in after-hours trading, extending a recovery from a sharp decline earlier in the week. The IT services provider is navigating a delayed quarterly filing and an internal audit committee review of its financial controls.
DXC Technology Shares Slide Amid Sector Downgrade, AI Initiatives in Focus
DXC Technology shares fell 4.5% as IT services stocks retreated following a UBS sector downgrade. The company reported a 1% revenue decline and launched new AI initiatives in London and via Amazon Quick.
Kyndryl Shares Stabilize After Steep Plunge on Regulatory Scrutiny, Leadership Changes
Kyndryl's stock found modest footing in premarket trading following a 55% collapse, triggered by a delayed SEC filing and an internal controls review. The IT services firm also announced the departure of its CFO and global controller.
Kyndryl Shares Plummet Over 50% Amid SEC Probe, Filing Delay, and Executive Departures
Kyndryl Holdings stock crashed more than 50% after delaying its quarterly report, disclosing an SEC inquiry into its financial controls, and announcing the exit of its CFO and General Counsel.
Kyndryl Deploys Policy-as-Code to Rein In Autonomous AI Agents
Kyndryl has introduced a policy-as-code system to enforce business rules on autonomous AI agents in regulated environments, responding to growing governance concerns.