Investment by Activist Investors

Two activist investors, JCP Investment Management, and Jumana Capital, have recently acquired a significant stake in Red Robin Gourmet Burgers. JCP Investment purchased 7.9% of Red Robin’s total shares, while Jumana Capital bought 3.7% of the casual-dining chain’s shares. This move has caused a noticeable increase in Red Robin’s stock price, indicating investor confidence in the company's potential.