BUZZ-Kyndryl files regulatory report after accounting review, shares jump

Reuters
02/17
BUZZ-<a href="https://laohu8.com/S/KD">Kyndryl</a> files regulatory report after accounting review, shares jump

** Shares of software provider Kyndryl KD.N jump 11.7% to $13.68 premarket

** Co files its October-December report with the SEC

** Last week, KD delayed filing the report and launched an accounting review over potential weaknesses found in its internal controls

** Co also files amendments to annual report for the fiscal year ended March 31, 2025 and to its filings for quarters ended June 30 and September 30, 2025

** Discloses a remediation plan to enhance and update related internal controls

** As of last close, stock was down ~54% YTD; it fell 23% in 2025

(Reporting by Zaheer Kachwala in Bengaluru)

((Zaheer.Kachwala@thomsonreuters.com))

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