LZ Technology shares surge 30.93% intraday after principal shareholders extend lock-up period to 2026.

LZ Technology (LZMH) surged 30.93% intraday after announcing a lock-up extension by principal shareholders until 2026. The extension, first reported on August 14, 2025, restricts major shareholders from selling shares, potentially reducing market supply and stabilizing investor confidence. Despite prior volatility, including a 12.1% intraday gain on August 13, the recent sharp rally aligns with renewed optimism over reduced selling pressure and long-term shareholder alignment. No other news events provided in December 2025 directly correlate to the movement.