NEW
YORK, March 27, 2025 /PRNewswire/
-- Kyndryl Holdings, Inc. (NYSE: KD), the world's
largest IT infrastructure services provider, today issued a
statement in response to a short seller report.
"The short seller report issued this
morning in relation to Kyndryl contains claims that are inaccurate
and deliberately misleading.
Kyndryl rejects in the strongest possible
terms the conclusion reached within the report, which was clearly
designed to manipulate the company's stock for the short seller's
benefit.
We believe that our accounting and
disclosures are correct, accurate and in accordance with all
applicable reporting requirements.
Had we been afforded the opportunity to
speak to this firm, we would have pointed out the many inaccuracies
and falsehoods contained in this so-called analysis.
Kyndryl is proud of its transformation
into a company that is driving profitable growth, and we remain
focused on continuing to execute our growth strategy."
About Kyndryl
Kyndryl (NYSE: KD) is
the world's largest IT infrastructure services provider, serving
thousands of enterprise customers in more than 60 countries. The
Company designs, builds, manages and modernizes the complex,
mission-critical information systems that the world depends on
every day. For more information, visit
www.kyndryl.com.
Kyndryl Investor
Contact:
investors@kyndryl.com
Kyndryl Media
Contact:
press@kyndryl.com
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SOURCE Kyndryl
