UniFirst, Progress Software, SomaLogic And Other Big Stocks Moving Lower On Wednesday


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


U.S. stocks traded higher, with the Dow Jones gaining around 200 points on Wednesday. Here are some big stocks recording losses in today’s session.

  • bluebird bio, Inc. (NASDAQ:BLUE) dipped 30.6% to $2.9953 after the company reported Q4 and full year 2022 financial results. Also, a Bloomberg report suggesting Bluebird Bio expects a delay on its FDA sickle cell drug application is also impacting the stock.
  • Sharecare, Inc. (NASDAQ:SHCR) shares fell 27.3% to $1.5486 after the company reported Q4 results.
  • Stem, Inc. (NYSE:STEM) fell 16.8% to $5.18 after the company announced a proposed $175 million green convertible senior notes offering.
  • El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) dropped 12.9% to $8.97.
  • UniFirst Corporation (NYSE:UNF) shares fell 9.3% to $175.14 after posting Q2 results.
  • Donegal Group Inc. (NASDAQ:DGICB) dropped 9% to $13.89.
  • SomaLogic, Inc. (NASDAQ:SLGC) fell 8.7% to $2.1350 after the company reported mixed Q4 financial results.
  • InnovAge Holding Corp. (NASDAQ:INNV) fell 7% to $6.63.
  • Nogin, Inc. (NASDAQ:NOGN) dropped 5.9% to $4.61. Nogin recently announced a 1-for-20 reverse stock split.
  • Progress Software Corporation (NASDAQ:PRGS) fell 5% to $55.71. Progress Software reported better-than-expected Q1 results. The company said it sees FY23 adjusted revenue of $650 million to $688 million and adjusted EPS of $4.09 to $4.17.
  • The Children's Place, Inc. (NASDAQ:PLCE) fell 5% to $36.26.

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20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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