NASDAQ:PENN

PENN Stock Breaks Streak; Debt Deal, Digital Bets Eyed
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PENN Stock Breaks Streak; Debt Deal, Digital Bets Eyed

PENN Entertainment shares fell to $18.83 in premarket trading Monday after dropping 3.14% Friday, breaking a six-day winning streak. The company extended and repriced a $962.5 million term loan B, now maturing in May 2033, lowering its interest spread. First-quarter revenue rose to $1.78 billion, with adjusted EBITDA at $265.8 million. The ESPN partnership will end Dec. 1, 2025.
June 1, 2026

Stock Market Today

  • Forrestania Resources Exceeds 1 Moz Gold Resource Mark with MacPhersons Update
    June 1, 2026, 8:10 PM EDT. Forrestania Resources (ASX: FRS) has surpassed 1 million ounces in its global JORC Mineral Resource following an update at the MacPhersons deposit, now totaling 1,007,800 oz gold (Au) across 25.7 million tonnes at 1.22 g/t. The MacPhersons resource includes measured, indicated, and inferred categories, enhancing the Coolgardie Gold Hub. Recent drilling programs at Lady Lila, Mt Palmer, and Johnson Range projects have yielded significant high-grade gold intercepts, further strengthening the portfolio. Strategic acquisitions, including Midas Minerals and other WA tenements, expand Forrestania's footprint within the Southern Cross Greenstone Belt. The company is also advancing its Lake Johnston processing facility conversion from nickel to gold production, aiming to establish a central processing hub for its growing gold resources.