Here's Why Kyndryl Holdings, Inc. (KD) Fell More Than Broader Market

Kyndryl Holdings, Inc. (KD) closed at $39.25 in the latest trading session, marking a -2.29% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 1.13%. On the other hand, the Dow registered a loss of 1.79%, and the technology-centric Nasdaq decreased by 1.3%. Shares of the company witnessed a loss of 1.37% over the previous month, trailing the performance of the Business Services sector with its gain of 0.81%, and the S&P 500's gain of 3.55%.Market participants will be cl ...