Reply to post: Off to a good start

Kyndryl spins out of IBM, stock starts trading on NYSE – and shares tumble

julian.smith
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Off to a good start

GTS had made a pre-tax adjusted profit of $67m last year but reported a net loss of $2.011bn after audit, advisory, legal, and restructuring charges were accounted for, according to an SEC filing in September.

Nothing like starting life with a $2bn loss ... good luck, you'll need it

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