We all knew earnings were not going to be good. Any other company changing CEO would bring the stock up (example Twitter), but not GRPN. This stock is hated. The $3.00 price is ridiculous. It should bounce back in the next few days. Next quarter will be better for the new CEO. Tons of cash on the balance sheet, no debt, brand name, etc.....$3.50 by end of week if not more.
Earnings should be out either tonight or tomorrow night at the latest. For the borrowed money, I do think they attempted to buy a company, but it did not work out, probably MED. I am hoping that something will be announced very soon and the stock price will take off. The stock price usually does better between now and winter.