Birdwatch Note Rating
2024-05-23 01:51:49 UTC - HELPFUL
Rated by Participant: 99269CD9111425A1F3347F9169F109E86C7EB3C97ECA5FA81DFCAAE2291DE6FB
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