Kyndryl’s fiscal Q3 results fell short of expectations, with lower sales and free-cash-flow targets for the year. Stock price plummeted by 47.9% as compared to S&P 500 and Nasdaq declines. Despite Kyndryl Consult’s 24% sales growth, overall revenue missed estimates. The company revised full-year guidance with a significant drop in free cash flow and sales projections. Investors are wary of the performance outlook for the current quarter. Analysts recommend 10 other stocks over Kyndryl for potential high returns. Stock Advisor’s total average return is 884%, outperforming the S&P 500 by 691%.

Read more at Nasdaq: Why Kyndryl Stock Crashed This Week