Birdwatch Note Rating
2024-05-23 11:43:54 UTC - NOT_HELPFUL
Rated by Participant: 6D5E2D07FF8180873752A87C17ADA2CAA33EBF4069BF4E6762AD158ECD1CD019
Participant Details
Original Note:
No, Red Lobster is not going bankrupt due to a hedge fund trying to steal their land. In its bankruptcy filing, Red Lobster conceded it had “a bloated and underperforming restaurant footprint” and cited a difficult economic environment and increased competition for its failures https://www.cnn.com/2024/05/20/investing/red-lobster-restaurants-bankruptcy/index.html
All Note Details