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(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

"Spin-offs present investors with a unique opportunity to capitalize on unlocked and potentially underappreciated value," Morgan Stanley said.

The plan to split the company into 3 — snacks, cereal and plant-based foods — would move one company's corporate headquarters from Battle Creek.

By Patricia Gonzalez Senior Analyst, Emerging Markets Equity Strong fundamentals outweigh valuations as we take a look at MercadoLibre, a fintech-based LatAm company that is positioned well for growth in emerging markets. MELI – Leading Fintech in the Emerging Markets Space Over the last 12 months, there has been an unprecedented sell-off in fintech and e-commerce stocksRead More