Check out some of the companies making the biggest moves midday: Kyndryl Holdings — The IT infrastructure services provider spun out from IBM tumbled 55% after Kyndryl disclosed in a regulatory filing that its audit committee is reviewing the company’s cash management practices. It also reported CFO David Wyshner and General Counsel Edward Sebold have left their positions , effective immediately. Kyndryl also reported third-quarter results. Nexstar Media Group , Tegna — TV and digital media provider Nexstar jumped 12% and Tegna climbed 8% after President Donald Trump in a social media post Saturday reversed his earlier position by saying he now supports their merger. Oracle — Shares advanced 9% as the enterprise software developer was upgraded to buy from neutral at DA Davidson. ” We believe that a revamped OpenAI will return to its position as Google’s top challenger and with a fresh stack of capital be able to live up to its obligations this year, including to Oracle,” DA Davidson analysts wrote in a note to clients. Cleveland-Cliffs — The steelmaker dove 19% after posting a wider-than-expected adjusted loss before interest, taxes, depreciation and amortization of $21 million. Performance was hurt by weakness in the auto and Canadian markets, but the company said it anticipated 2026 would improve as the trade challenges ease and costs fall. Workday — The software company fell more than 6% after it said CEO Carl Eschenbach …
