Blue-Chip Spinoffs Fall Flat This Week With Investors Fleeing to Safer Bets
(Bloomberg) -- A group of highly-anticipated spinoffs stumbled out of the gate this week as a wave of selling across the market took a heavy toll on household names.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electric CarsAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysFrosted Flakes maker WK Kellogg
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