Southland Holdings shares surge 29.74% premarket as company announces infrastructure development initiatives leveraging its 125-year legacy.

Southland Holdings (SLND) surged 29.74% in premarket trading following an announcement highlighting its role in building America’s future infrastructure through heavy-civil and transportation projects. The news, emphasizing the company’s 125-year legacy and strategic expertise, signaled strong growth potential in critical sectors, likely driving investor optimism. Other events, including unrelated sports updates and a New Zealand storm affecting a different insurer, held no material impact on the stock’s performance.