My chick that just hatched this morning has something hanging out of it's umbilical cord area. I am including a pic but it's very blurry. He didnt have this when he hatched but as he walked around it got worse until some egg white looking stuff came out and now it's this red looking stuff. Anyone know what I should do? He is not weak. He is more active than the other 3. He seems fine except this thing hanging out which he drags on the wire as he tries to walk around. This is my first ever chick so I have no idea what it is or what to do.
Any help would be greatly appreciated!

Any help would be greatly appreciated!