Update 11:30am: Adds Kyndryl response. Kyndryl (NYSE:KD) dropped 12% after a negative report from Gotham City Research. Gotham City disclosed that it's short shares of Kyndryl (NYSE:KD).

Kyndryl Holdings (NYSE:KD) recently announced an expanded partnership with Google Cloud, focusing on using generative AI to modernize mainframe applications. Despite these positive announcements, ...