Kyndryl spins out of IBM, stock starts trading on NYSE – and shares tumble (webmaster@theregister.co.uk (Paul Kunert)/The Register)

webmaster@theregister.co.uk (Paul Kunert) / The Register
Kyndryl spins out of IBM, stock starts trading on NYSE – and shares tumble – Were sure everything will be OK, its revenues have only fallen 37 per cent in the past decade IBM has finally cut loose its multi-billion-dollar managed infrastructure business, renamed to Kyndryl, sending 90,000 staffers into a life that is less big and less blue. …

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