Oura Shelves $2.2 Billion Nasdaq IPO Indefinitely

Oura has postponed its planned Nasdaq IPO of up to $2.2 billion indefinitely, citing uncertainty in the IPO market. The offering covered 55 million shares at $40 to $44, implying up to a $15 billion valuation. CEO Tom Hale said the company has the luxury of choosing its moment for an IPO.