Why Kyndryl Holdings Stock Is Down Big Today

Kyndryl Holdings (KD -6.09%) is the target of a report from a short-seller that accuses the IT infrastructure company of manipulating financial metrics. Investors are heading for the exits, sending shares of Kyndryl down as much as 15% on Thursday morning and 11% as of 12:00 p.m. ET.Questions about accountingKyndryl is a data center business that was spun out of IBM in 2021. The stock has been a big winner over the past three years, but according to a new short report, not all is as it seems inside the comp ...