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Oura delays Nasdaq IPO despite strong demand amid market uncertainty

Market News
29 Sep 2026, 13:04 WIB
CNBC
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Bearish
Oura delays Nasdaq IPO despite strong demand amid market uncertainty

Oura, the maker of a health-tracking smart ring, has postponed its planned IPO on the Nasdaq due to uncertainty in the IPO market, despite strong demand and business growth. The company had launched its IPO plans on September 21, aiming to raise up to $2.2 billion by selling 50 million shares. CEO Tom Hale emphasized that the delay allows them to choose the right moment to deliver a successful IPO while continuing to focus on business opportunities ahead.

The smart ring maker Oura has postponed its IPO due to market uncertainty. For readers following the Technology sector, here is Pluang's market snapshot as of Sep 29, 2026 17:01 WIB: out of 150 priced US tech stocks, 80 rose and 63 fell. Notable movers include AXTI at USD 75.00 with 88% buy orders and ARM at USD 288.00 with 93% buy orders.

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