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NASDAQ:LGN 8 January 2026 - 23 February 2026

Legence stock jumps 7% to $49.59 — what to watch for LGN after the long weekend

Legence stock jumps 7% to $49.59 — what to watch for LGN after the long weekend

Legence shares jumped 7.1% to $49.59 Friday, nearing their 52-week high, with volume at 1.43 million. The move followed full exercise of an over-allotment option by Blackstone-linked shareholders and comes as the company integrates its $200 million Bowers Group acquisition. U.S. markets close Monday for Martin Luther King Jr. Day, reopening Tuesday. The IPO lock-up expires March 11, 2026.
18 January 2026
Legence (LGN) stock drops nearly 9% today as contractors slide ahead of U.S. payrolls

Legence (LGN) stock drops nearly 9% today as contractors slide ahead of U.S. payrolls

Legence shares dropped 9% to $43.99 Thursday, reversing early gains and falling below last month’s secondary offering price. The move followed the company’s $325 million acquisition of The Bowers Group, funded partly by a new $200 million term loan. Other contractor stocks also declined. Traders watched for Friday’s U.S. payrolls report and further filings from Legence.

Stock Market Today

  • U.S. Stocks Rally as Middle East Ceasefire Talks Boost Market Sentiment
    April 9, 2026, 7:38 PM EDT. U.S. stocks continued a strong run with the S&P 500 and Nasdaq extending their winning streaks to seven sessions, buoyed by optimism around ceasefire talks in the Middle East. The Philadelphia Semiconductor Index hit a record high, supported by gains from Amazon, Intel, Nike, and Brown-Forman. Oil prices rose modestly, settling near $98 a barrel amid tight supply concerns and restrictions on the Strait of Hormuz, a key oil shipping route. Bitcoin broke above $72,000, reflecting broader risk appetite. Market attention remains fixed on whether the ceasefire and direct Israel-Lebanon negotiations can be sustained, with U.S. Treasury yields largely unchanged. Analysts caution the S&P 500's 6,800 level is pivotal, noting sentiment balances positive headlines with skepticism. The memory sector's rally continues, and options data signals key technical support levels for market stability.

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MARA Holdings Stock Rises Even After Target Cut as Bitcoin Miner Leans Harder Into AI

MARA Holdings Stock Rises Even After Target Cut as Bitcoin Miner Leans Harder Into AI

9 April 2026
MARA Holdings shares rose 1.7% to $9.67 Thursday despite Cantor Fitzgerald cutting its price target to $10. The company recently sold 15,133 bitcoin for $1.1 billion and agreed to repurchase $1 billion in convertible notes at a discount. MARA is expanding into AI and cloud infrastructure, but fourth-quarter revenue fell 6% and it posted a $1.7 billion net loss.
CoreWeave secures fresh $21 billion Meta AI deal as debt push raises stakes

CoreWeave secures fresh $21 billion Meta AI deal as debt push raises stakes

9 April 2026
Meta Platforms signed a new $21 billion deal with CoreWeave for AI cloud computing capacity through 2032, according to a securities filing. CoreWeave shares rose 3.4% in after-hours trading. The agreement adds to a $14.2 billion commitment disclosed last September. CoreWeave also launched $3 billion in convertible notes and upsized a senior-notes deal to $1.75 billion.
Tesla Revives Cheaper EV Push With New Compact SUV as Sales Pressure Builds

Tesla Revives Cheaper EV Push With New Compact SUV as Sales Pressure Builds

9 April 2026
Tesla is developing a lower-cost compact SUV, with initial production planned for Shanghai, Reuters reported Thursday. The company built 408,386 vehicles and delivered 358,023 in the first quarter, leaving its widest gap in at least four years. Reuters said the new SUV likely will not reach production this year. Tesla did not respond to questions about the project.
NIO ES9 Price Starts at 528,000 Yuan as Flagship SUV Bet Faces China EV Slump

NIO ES9 Price Starts at 528,000 Yuan as Flagship SUV Bet Faces China EV Slump

9 April 2026
NIO opened pre-orders for its ES9 flagship SUV Thursday, pricing it at 528,000 yuan with battery or 420,000 yuan under its Battery-as-a-Service plan. March deliveries rose 136% year-on-year, but NIO’s U.S. shares fell 4.9% after the announcement. The ES9 enters a shrinking premium SUV market in China, competing with Li Auto and Aito. CEO William Li warned chip shortages could add up to 10,000 yuan per vehicle.
Plug Power Stock Climbs After 2026 Profit Push, Up to $200M Cost-Cut Plan

Plug Power Stock Climbs After 2026 Profit Push, Up to $200M Cost-Cut Plan

9 April 2026
Plug Power shares rose 2.5% to $2.715 Thursday after the company reaffirmed its target of positive EBITDAS by end-2026 and projected up to $200 million in savings from Project Quantum Leap. The update followed a major electrolyzer project win in Quebec and investor meetings in Toronto and Montreal. Plug reported 2025 revenue of $710 million and a fourth-quarter gross profit of $5.5 million.
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