Kyndryl Fell by About 50% in One Day, IBM Fell 23% in 20 Days

posted by Roy Schestowitz on Feb 23, 2026

Now down to $243:

Discussed before it fell to $245 or lower:

There will be lots of IBM layoffs this year (same as last year, according to the CFO).

The CFO that set up the sinking boat, Kyndryl, is still the beancounter at IBM.

Let that sink in, the IBM Titanic. █