Better Buy: IBM vs. Kyndryl

·5 min read
Better Buy: IBM vs. Kyndryl

Last November, IBM (NYSE: IBM) completed its spin-off of Kyndryl (NYSE: KD), the managed infrastructure services segment of its Global Technology Services segment. Each IBM shareholder received one new share of Kyndryl for every five shares of IBM they held. IBM still retained 20% of Kyndryl's outstanding shares following the spin-off, but it plans to sell that entire stake this year.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting