Oura delays US IPO, adding to fall market jitters

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AdvertisementAdvertisementBusinessFILE PHOTO: OURA logo is seen in this illustration taken, August 27, 2026. REUTERS/Dado Ruvic/Illustration/File Photo29 Sep 2026 06:15PM (Updated: 29 Sep 2026 06:21PM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST Sept 29 : Smart ring maker Oura said on Tuesday it has delayed its US initial public offering, citing market uncertainty.The development adds to a tepid start to the traditionally strong fall IPO market, as investors digest the Federal Reserve's rate hike, geopolitical turmoil and volatility in AI stocks.The consumer technology company had marketed a share sale of 50 million priced in an indicated range of $40 to $44 apiece."We aim to deliver an extraordinary IPO for our employees and investors and we have the luxury of choosing our moment. In the meantime, we will execute against the opportunities ahead," Oura CEO Tom Hale said in a statement.The company has helped popularize smart rings, which track metrics such as heart health, activity and sleep.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST