Kyndryl (KD) Shares Slide 15% Amid Negative Report and Short Interest

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Mar 27, 2025

Kyndryl (KD, Financial) saw its stock plummet by 15% following a critical report from Gotham City Research, which revealed its short position in the company. Despite Gotham City's actions, Kyndryl has yet to issue a response concerning the situation. The company's current short interest stands at 3.6%, adding to the market's cautious sentiment. Recent strategic moves, such as expanding its partnership with Google Cloud, have been noted, but investor confidence remains shaken.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.