US EditionWhy Kyndryl Holdings Might Be the Hidden Gem in the Spinoff World
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Why Kyndryl Holdings Might Be the Hidden Gem in the Spinoff World
Kyndryl Holdings, Inc. (NYSE:KD) is an influential spinoff from IBM, focusing on IT infrastructure services vital to digital transformation. The company’s $15.11 billion annual revenue highlights strong growth, with key sectors showing a 26% year-over-year increase. Analysts are optimistic about Kyndryl’s potential, reinforced by impressive historical performance of corporate spinoffs, including an Invesco S&P Spinoff ETF five-year return of 74.…
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