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. stock futures traded mixed this morning on Friday, with the Dow Jones futures gaining around 40 points this morning.
Shares of Unity Software Inc. (NYSE:U) fell sharply in pre-market trading after the company reported worse-than-expected third-quarter revenue results.
Unity said third-quarter revenue increased 69% year-over-year to $544 million, missing the consensus of $549.14M. The company reported a quarterly loss of 32 cents per share, beating the consensus for a loss of 49 cents.
The company did not provide guidance for the fourth quarter. Following the release of quarterly results, Piper Sandler analyst Brent Bracelin maintained Unity Software with a Neutral and lowered the price target from $30 to $20.
Unity Software shares fell 13.2% to $21.90 in pre-market trading
Here are some other big stocks recording losses in today’s pre-market trading session.
- Groupon, Inc. (NASDAQ:GRPN) shares tumbled 33.5% to $9.00 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
- Plug Power Inc. (NASDAQ:PLUG) shares declined 29.4% to $4.18 in pre-market trading after the company reported worse-than-expected third-quarter financial results.
- The Trade Desk, Inc. (NASDAQ:TTD) shares dropped 26.7% to $56.30 in pre-market trading after the company reported third-quarter earnings and issued fourth-quarter revenue guidance below estimates.
- Westrock Coffee Company (NASDAQ:WEST) shares fell 17.8% to $6.91 in pre-market trading following weak quarterly sales.
- Diageo plc (NYSE:DEO) shares dipped 13.7% to $138.03 in pre-market trading. Diageo said it sees organic operating profit growth to slow during the first half of the year.
- Illumina, Inc. (NASDAQ:ILMN) declined 12.3% to $93.87 in pre-market trading after the company reported mixed third-quarter financial results.
- Applied Optoelectronics, Inc. (NASDAQ:AAOI) dipped 11% to $8.69 in pre-market trading following weak sales results.
- Ballard Power Systems Inc. (NASDAQ:BLDP) shares fell 6.9% to $3.22 in pre-market trading. Ballard Power Systems recently reported a third-quarter FY23 revenue growth of 29% year-over-year to $127.6 million.
- Hawaiian Electric Industries, Inc. (NYSE:HE) fell 5.8% to $13.19 in pre-market trading following downbeat sales results.
- FuelCell Energy, Inc. (NASDAQ:FCEL) fell 5.4% to $1.05 in pre-market trading.
- Wynn Resorts, Limited (NASDAQ:WYNN) declined 5.2% to $85.90 in pre-market trading after the company reported third-quarter financial results.
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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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