Is Kyndryl Worth Owning In 2024?
How far from the Big Blue tree did the Kyndryl (NYSE: KD) apple fall?
Formerly known as 's (NYSE: IBM) IT infrastructure-services division, Kyndryl spun out as an independent public company in 2021. As a separate business, Kyndryl is the world's largest provider of support for business-grade and mission-critical technology systems.
Kyndryl got off to a rocky start in life. The stock was worth $6.4 billion on Day One, also known as Nov. 3, 2021. Its stock chart immediately dipped, falling all the way from $28.50 to $8.23 per share in less than a year.
Source Fool.com
International Business Machines Corp Stock
€183.18
0.730%
We see a rather positive sentiment for International Business Machines Corp with 17 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 183 € is below the current price of 183.18 € for International Business Machines Corp, so the potential is actually -0.1%.
