🔴 Kyndryl Holdings is trading 11.4% down today after a major institutional holder slashed its position

Kyndryl Holdings is trading at $11.09 (down 11.4%) today as investors react to a significant sell-off by a major institutional holder, Strs Ohio, which cut its position by 96%.

• This sharp decline is also influenced by a lingering 'Reduce' rating on the stock following its Q4 fiscal 2026 earnings miss in May and ongoing concerns related to prior internal control problems.
• For Q4 fiscal 2026, reported on May 6, 2026, Kyndryl posted an EPS of $0.18, significantly lower than analyst forecasts that ranged between $0.43 and $0.49.