Kyndryl Holdings Incorporation ( (KD) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Kyndryl Holdings’ stock experienced a downturn after the company reported second-quarter revenue slightly below expectations at $3.7 billion. Despite this, the company is optimistic about its future, expanding its share repurchase program by $400 million and reaffirming its fiscal 2026 outlook, anticipating stronger revenue in the latter half of the year due to a robust pipeline and strategic partnerships.
More about Kyndryl Holdings Incorporation
YTD Price Performance: -19.06%
Average Trading Volume: 2,615,721
Technical Sentiment Signal: Sell
Current Market Cap: $6.65B
For further insights into KD stock on TipRanks’ Stock Analysis page.
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