Kyndryl Stock Doesn’t Pay a Dividend. IBM Holders Are Unloading Their Shares.

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...