Oura’s IPO Delay Signals Broader Market Stall

Fitness ring maker Oura postponed its initial public offering on Tuesday, citing uncertainty in the IPO market. The move followed similar postponements by metals producer Amaero last week and Holtec Nuclear Corp. the week before. SB Energy, a SoftBank-controlled power developer for data centers, made public its IPO paperwork on September 1 but has not yet begun marketing the offering. Holtec, which sells to data centers, cited headwinds including rising energy costs, trade tensions, military conflicts, rising interest rates, and uncertainty over data center development.

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