Oura seeks to raise up to $2.2 billion through an IPO.
56 minutes ago
According to Bloomberg, health and fitness smart ring maker Oura Inc. and some of its investors are seeking to raise up to $2.2 billion via an initial public offering (IPO). In a filing with the U.S. Securities and Exchange Commission (SEC) on Monday, the smart ring company plans to issue 50 million shares priced between $40 and $44 each. Oura will offer 13.5 million new shares, while its shareholders will sell 36.5 million existing shares.
WTI crude oil falls below $92 per barrel, down 3.44% on the day.
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AMD surges over 9%, market capitalization exceeds $1 trillion.
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After Donald Trump announced a security agreement with Denmark, Greenland-related stocks listed in the US surged sharply.
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