2min chapter

Patrick Boyle On Finance cover image

Was Endless Shrimp to Blame for Red Lobster's Bankruptcy?

Patrick Boyle On Finance

CHAPTER

Introduction

Exploring the bankruptcy of privately owned Red Lobster amidst a financial downturn, comparing the struggles of private companies to publicly traded meme stocks. The chapter draws parallels between Red Lobster's situation and the current meme stock trend, highlighting the famous unlimited shrimp deal as a memorable aspect.

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