Some Oura IPO Investors Were Said to Push Back Citing Valuation

AI Summary

Some investors reportedly declined to participate in Oura's proposed IPO, citing concerns that included the company's target valuation. The IPO has been delayed, and Oura makes health and fitness tracking rings.

Bloomberg's Anthony Hughes joins Dani Burger on "Bloomberg Deals." Some investors approached about potentially buying shares in Oura’s now-delayed IPO decided not to go forward because of concerns including the health and fitness ring-maker company’s target valuation, according to people familiar with the matter. (Source: Bloomberg)