Kyndryl Holdings, Inc. (KD)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Kyndryl Holdings, Inc. ("Kyndryl" or the "Company") (NYSE: KD). Investors who purchased Kyndryl securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Kyndryl and certain of its officers and/or directors have violated federal securities laws.
On February 28, 2022, Kyndryl issued a press release announcing its financial results for fourth quarter and full year 2021. Among other items, Kyndryl reported GAAP earnings per share of -$3.30, falling well short of consensus estimates. On this news, Kyndryl’s stock price fell $2.95 per share, or 18.6%, over the following trading sessions, closing at $12.91 per share on March 2, 2022.
If you are aware of any facts relating to this investigation or purchased Kyndryl shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.