let's toss it over to our own julia borstein who brings us a very special guest. lia. >> thanks, kayla. we're joined by rich williams, groupon's new ceo, who is named just where heed. rich, thanks for talking to us today. >> thanks for having me, julia. >> so, rich, your stock is down nearly 30% since you reported your earnings yesterday. including dramatically lower guidance for 2016. how do you address this massive stock sell-off? >> well, i mean, obviously this is not the fairy tale beginning first day on the job as ceo, but, you know, we gave the markets a lot to digest. we give our investors, our employees a lot to digest yesterday. some big strategic changes we're setting out and big commitments financially to those changes. we feel that there's a right change to make to get the company on a stronger growth path, and that's a growth story that's going to be told over the long-term. that's what me and my role as ceo and the management team now the team at groupon is ultimately focused on. building a xwraet company for the long-term. tapping into that local mar