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Klöckner Jumps, Porsche Down, Gym Group Gains | Stock Movers

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January 16, 2026

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On this episode of Stock Movers:

- Worthington Steel, Klöckner signed business combination agreement, and Swoctem GmbH, Klöckner’s largest shareholder, committed to tender its 41.5% stake. Klöckner shares rose almost 30% at the open.

- Porsche AG’s deliveries fell 10% last year, the steepest drop since 2009 when the global financial crisis roiled markets, following weak demand for electric vehicles and a slump in China.

- Gym Group gets upgraded to outperform from sector perform by RBC, which sees revenue-driven profit growth for the UK-based gym operator after it introduced cheaper off-peak memberships. Stock has risen 8.6% YTD to 161.80p

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Klöckner Jumps, Porsche Down, Gym Group Gains

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Stock MoversWorthington Steel KlcknerSwoctem GmbH KlcknersPorsche AGsGym GroupWall Street CheckStock Movers VisitFollow Bloomberg Podcasts

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Klöckner Jumps, Porsche Down, Gym Group Gains | Stock Movers · Bloomberg Podcasts · Sentinel