Birdwatch Note Rating
2024-05-23 02:20:03 UTC - NOT_HELPFUL
Rated by Participant: 8B304C6001B4C81A5AE136053ABAD113D402A79267A355979B13D01E0E1D0BB5
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