Why Legence (LGN) stock jumped 7% — and what investors are watching next
New York, January 17, 2026, 09:05 EST — Market closed. Legence Corp shares climbed 7.1% on Friday, closing at $49.59. That move brought the Nasdaq-listed building-systems contractor to just about 1% shy of its 52-week peak. After-hours trading showed the stock edging up slightly. (StockAnalysis) The jump is significant because it pushes Legence above the $45 per share mark set in a Blackstone-linked secondary sale earlier this month—a key benchmark for traders. It also comes just before a holiday-shortened U.S. week, when lighter liquidity tends to amplify swings in newer, more volatile stocks. (GlobeNewswire) U.S. stocks closed almost unchanged on