Oura stock listing in limbo as smart ring startup delays IPO just days after launching it

Oura has been gearing up to go public all month. Now, it seems those plans have been put on the back burner. The California-based smart ring maker said on Tuesday that it will postpone its highly anticipated stock listing. Oura explained that it was “despite strong demand,” instead blaming “uncertainty in the IPO market” for the decision. “Our mission is to empower people to live healthier, longer, and an IPO is just one step in our journey,” Oura CEO Tom Hale said in a stateme...