Kyndryl shares tumble 50%+ after accounting probe and forecast reset
TL;DR Summary
Kyndryl slashed its full-year outlook, replaced CFO, and disclosed an accounting investigation into cash-management practices and financial controls, triggering a more-than-50% drop in its stock as it also cut revenue and free-cash-flow guidance and delayed its quarterly filing.
- Kyndryl’s stock is tumbling more than 50%. Here’s what’s gone wrong at the IT provider. MarketWatch
- Kyndryl Finance Chief Wyshner Leaves Amid Accounting Review Yahoo Finance
- Kyndryl reports Q3 earnings for fiscal 2026 Kyndryl
- IBM spin-off CFO departs amid cash management review: Trial Balance CFO.com
- Kyndryl Stock Crashes After Former IBM Unit Discloses Accounting Review The Wall Street Journal
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