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

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AI Fusion Summary

California-based smart ring maker Oura has postponed its highly anticipated US IPO, citing uncertainty in the IPO market despite strong demand. CEO Tom Hale stated that the company aims to deliver an extraordinary listing for employees and investors, noting that Oura has the luxury of choosing its moment. While the company remains profitable, the delay coincides with deepening fall market jitters. Oura will continue executing its opportunities to empower people to live healthier and longer lives.
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