The Globe and Mail reports from its Thursday edition that goeasy hit an intraday low of $33.59 on Wednesday, before finishing at $37.36. The Globe's Jameson Berkow writes that investors were reacting to goeasy's disappointing fourth quarter results and a larger-than-expected impairment charge, only weeks after suspending its dividend due to rising loan losses. The stock lost 57 per cent of its value on March 10 after goeasy withdrew its financial outlook after problems with its LendCare unit, which provides automotive and power-sport product loans. On Tuesday goeasy announced a net loss of $8.93 per share, bigger than the $8.14-per-share loss that Bay Street was expecting. goeasy also took on a $160-million impairment charge related to its LendCare business, which was far more than some analysts were anticipating. Chief executive officer Patrick Ens says goeasy has "initiated structural changes" to the business and "defined a road map to get [the company] back on track." TD analyst Graham calls goeasy's new outlook for its next quarter "underwhelming." He says goeasy's total loan portfolio could contract by as much as $200-million over the coming months because of a slower pace of loan originations through LendCare.