Big Lots, GameStop, Trump Media: Stocks in focus
Morning Brief co-hosts Seana Smith and Brad Smith analyze the major tickers on Yahoo Finance on Monday morning. Big Lots (BIG) has officially filed for Chapter 11 bankruptcy, citing high inflation and high interest rates as reasons that have had…
US pharmacy chain Rite Aid wants to continue as a private company after bankruptcy
(Reuters) – Rite Aid will operate as a private company following its successful financial restructuring and exit from Chapter 11 bankruptcy, the U.S. drugstore chain said on Tuesday. The pharmacy has used its bankruptcy to close hundreds of stores, sell…
Red Lobster announces new CEO after bankruptcy filing
Red Lobster struggled last year and made headlines after it filed for bankruptcy, blaming at least in part on a poorly thought-out endless shrimp deal. It happens to the best of us. Naturally, the fast-casual seafood restaurant chain was looking…
