NYSE:KD 30 June 2025 - 12 February 2026

Kyndryl shares jumped 9% to $12.12 in after-hours trading Wednesday, rebounding after a 55% plunge earlier this week. The company delayed its quarterly filing as its audit committee reviews cash management and internal controls, warning of “material weaknesses.” CFO David Wyshner and general counsel Edward Sebold have exited. Kyndryl cut its 2026 revenue and cash flow outlook.

Kyndryl shares rose 0.4% premarket Tuesday after plunging 54.9% Monday, closing at $10.59. The company delayed its quarterly 10-Q, citing internal-control weaknesses and an SEC review of cash-management disclosures. CFO David Wyshner and the global controller exited as management reshuffled. J.P. Morgan downgraded the stock, citing uncertainty after the CFO change.

Kyndryl shares plunged about 54% to $10.71 after delaying its quarterly filing and disclosing an audit committee review of cash-management practices and internal controls. The company warned investors not to rely on prior internal-control assessments and trimmed its fiscal 2026 outlook to a 2%-3% revenue decline. CFO David Wyshner and General Counsel Edward Sebold departed.