Smart ring maker Oura puts off initial public offering due to market ‘uncertainty’
Smart ring manufacturer Oura has postponed its planned initial public offering. The company cited market uncertainty as the reason for the delay.
NEW YORK (AP) — Smart ring maker Oura Inc. says it is postponing a planned initial public offering due to market “uncertainty.” In a Tuesday press release, Oura said it’s delaying the IPO “despite strong demand.” The IPO market had a solid start to the year but tailed off in the third quarter, according to...
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