Oura Postpones IPO, Citing Market Uncertainty

Smart ring maker Oura Inc. has postponed its planned initial public offering due to market "uncertainty," despite strong demand. The company, which had planned to sell 50 million shares at $40-$44, cited concerns over AI spending, Fed rate hikes, and rising bond yields. Oura's paid members reached 5.7 million, and revenue is expected to grow 90% this fiscal year.