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https://www.barrons.com/articles/kyndryl-stock-doesnt-pay-a-dividend-ibm-holders-are-unloading-their-shares-51636562170
Nov. 10, 2021 11:36 americium ET
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Kyndryl Holdings is disconnected to a rocky commencement arsenic a nationalist company.
Spun disconnected past week from IBM (ticker: IBM), Kyndryl (KD) is simply a starring subordinate successful the IT managed-services business, moving information centers and different IT operations for much than 4,000 customers. Kyndryl has 90,000 employees and dominates the sector. The institution had $19.1 cardinal successful gross successful 2020 connected a pro forma basis, astir doubly the size of rival DXC Technology (DXC), according to a presumption Kyndryl prepared successful transportation with the spin, with a bigger borderline connected rivals...
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