Oura Reportedly Eyes $3 Billion IPO at More Than $16 Billion Valuation
Oura Health is preparing for a potential U.S. IPO that could raise up to $3 billion and value the smart ring maker at more than $16 billion.
Oura, a company that makes smart rings to track your health, wants to sell stock to the public and be worth over $16 billion. When a company goes public, people can own a tiny piece of it, which usually means the company thinks it's doing well and wants to grow bigger.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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