S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Lego to move from Connecticut to Boston starting in 2025

ENFIELD, Conn. (AP) — The Lego Group announced Tuesday that it will move its North American headquarters from Enfield, Connecticut, to Boston, Massachusetts, by the end of 2026.

Skip Kodak, president of the Lego Group in the Americas, said in a release that the move supports the Denmark-based global toymaker's growth ambitions.

“Boston is ranked one of the best cities in the world to attract and retain talent,” Kodak said in a statement. “This, along with its world-class academic institutions, skilled workforce and great quality of life makes it an ideal location for our US head office."

Lego has about 740 full-time employees in the Connecticut office.

All of the employees will have a position at the Boston office and receive relocation help if they want to make the move, the Lego Group said. The move will happen in phases starting in mid-2025 and be completed by the end of 2026, the company said.

Boston Mayor Michelle Wu said in a statement that she was thrilled to welcome the Lego Group to Boston and looks forward to supporting the company as it transitions its headquarters and joins “our mission to become the most family-friendly city in the country.”

The Lego Group opened the Connecticut office in 1975. Connecticut Gov. Ned Lamont said in a release he was disappointed to hear about the move.

Lamont said based on his conversations with Lego's leadership Tuesday morning that “their move is motivated not by any Connecticut policy but rather LEGO’s desire to consolidate their business operations near the company’s Education Office and to enhance their partnership with MIT," referring to the Massachusetts Institute of Technology, located in Cambridge, Massachusetts.

Lamont said the Connecticut Department of Economic Community Development, Office of Workforce Strategy, and Department of Labor will work with Lego to find employment for workers who decide to the leave the company and stay in Connecticut.


Some industry watchers said in June that the Lego Group's announcement that it would build a new factory in Richmond, Virginia, may not be a good sign for the company’s future in Connecticut.

A company spokesperson said at the time that the decision would have no impact on the size and scope of the Enfield headquarters.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Eastman Kodak (KODK)
0 of 5 stars
$4.62+0.2%N/A7.22N/A
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