Kuehne+Nagel Stock Soars on Amazon Deal
Kuehne+Nagel stock surged 5.42% to CHF 227.40 on September 21, 2026, after the Swiss logistics group announced a long-term collaboration with Amazon.
The deal gives Amazon a call option on Kuehne+Nagel shares and links execution to milestones over seven years, according to Reuters.
Kuehne+Nagel shares rose as much as 5.8% in morning trading, while MarketBeat reported quarterly earnings per share of USD 0.57, beating the expected USD 0.55 consensus by USD 0.02.