Oura Postpones IPO: The Market's Gamble with a $15 Billion Valuation
2026-10-01 11:34:23
CoinMeta US stock news: Oura has postponed its initial public offering (IPO) on NASDAQ, which would have valued the company at nearly $15 billion. Although the company claims there is strong demand, Oura indicates that uncertainties in the IPO market are the reason for the postponement. The yield on 10-year Treasury bonds broke through 5.2% last week and continued to rise to nearly 5.3%, the highest level since 2007. High yields typically reduce investors' expectations for future returns, especially affecting growth companies more significantly. Oura experienced超额 subscription, with the number of orders about four times the number of shares available for issuance, but valuation remains a greater concern. Oura reported revenue of $1.2 billion in the nine months ending June 30, an increase from $697 million in the same period last year. CEO Tom Hale stated that Oura can choose its timing for listing, which may depend on the Federal Reserve's meeting in October.
Source:BeInCrypto
This content is for market information only and does not constitute investment advice.
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