3 Comments
Nov 11, 2022·edited Nov 11, 2022

Hey Matt,

I guess you were a bit early.

Recently insiders including CEO & CFO have purchased shares, as well as David Einhorn (Greenlight Capital) and IBM has exited their position completely, which I see as a positive as selling pressure should subside.

At the same time results from AAA-Initiatives aren't really showing up in the numbers yet, the management is talking a lot about Adjusted figures (and not really cash flows), and finally there is this lawsuit with $1.6B potential liability connected to AT&T and work done by Kyndryl (before Spin), which is hard to assess.

Do you have any updated thoughts on KD?

Cheers

Expand full comment