Twin Hospitality Shares Collapse After Chapter 11 Filing by Company and Parent
Twin Hospitality Group Inc. (NYSE:TWIN) plunged 37.7% in premarket trading after the company and its parent, FAT Brands Inc., filed voluntary Chapter 11 petitions on January 26, 2026. The filings in the U.S. Bankruptcy Court for the Southern District of Texas place the businesses into debtor-in-possession status, triggering defaults on roughly $407…