LZ Technology shares rise 26.80% after-hours after principal shareholders extend lock-up to 2026.

LZ Technology (NASDAQ:LZMH) surged 26.80% in after-hours trading following the announcement that principal shareholders extended their lock-up period to 2026. The extension, reported by multiple outlets including MSN and Yahoo Finance, reduces immediate selling pressure from insiders, signaling confidence in the company’s long-term prospects and potentially stabilizing investor sentiment. Other news items, such as recent price fluctuations and unrelated updates about a German company or motorcycle model, lacked direct relevance to the stock’s movement. The lock-up extension aligns with the sharp price increase, as it mitigates short-term supply risks and reinforces market optimism.