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FROM SRN NEWS

Factbox-Oura joins wave of IPO delays as markets turn shaky

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Sept 29 (Reuters) – Smart ring maker Oura postponed its U.S. IPO on Tuesday, joining a growing list of prospective issuers pulling back as surging bond yields and higher interest rates weigh on markets during a typically busy period for new listings.

Here’s a list of issuers that have delayed or suspended their IPO plans:

(Reporting by Arasu Kannagi Basil and Utkarsh Shetti in Bengaluru; Editing by Anil D’Silva)

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SRN News — View the original story at SRNNews.com.

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