Why Kyndryl Holdings Stock Is Soaring Today [Yahoo! Finance]
Kyndryl Holdings, Inc. (KD)
Company Research
Source: Yahoo! Finance
Kyndryl stock is making big gains on the heels of the investor conference the company hosted yesterday. At the conference, management outlined a major stock buyback plan and gave encouraging forward guidance for the business. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Kyndryl announced that its board of directors has authorized up to $300 million in stock buybacks. By buying back and retiring stock, Kyndryl will reduce its total number of shares outstanding. The repurchasing plan suggests that future earnings will be distributed across a smaller number of shares, which means that per-share earnings would rise on a comparative basis even if net profits remained the same. The buyback plan is a good indication that Kyndryl believes its stock is currently undervalued and that management is comfortable with the company's financial positioning. At yesterday's investor-day conference, Kyndryl said that it anticipates non
Show less
Read more
Impact Snapshot
Event Time:
KD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KD alerts
High impacting Kyndryl Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
KD
News
- Kyndryl Holdings, Inc. (NYSE: KD) had its price target raised by analysts at Susquehanna from $33.00 to $40.00. They now have a "positive" rating on the stock.MarketBeat
- Kyndryl Holdings, Inc. (NYSE: KD) had its price target raised by analysts at Oppenheimer Holdings Inc. from $33.00 to $37.00. They now have an "outperform" rating on the stock.MarketBeat
- Kyndryl Holdings, Inc. (NYSE: KD) is now covered by analysts at Bank of America Co.. They set a "buy" rating and a $40.00 price target on the stock.MarketBeat
- Kyndryl Holdings CEO Martin Schroeter sits down with Jim Cramer [CNBC]CNBC
- KYNDRYL OUTLINES GROWTH STRATEGY AT 2024 INVESTOR DAY [Yahoo! Finance]Yahoo! Finance
KD
Earnings
- 11/6/24 - Beat
KD
Sec Filings
- 11/21/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- KD's page on the SEC website