Oura IPO: Why the Smart Money is likely Sitting This One Out...Robinhood one of the Underwriters - WSJ

Oura’s massive IPO headline looks enticing.. A deeper look at the filing reveals several significant warning signs... Any other reasons (please add) why I should sit this one out? Insider Timing: Appointing Robinhood’s CFO to the board right before filing ...🚩 Margin Compression: Slim profit margins and heavy hardware costs - While its revenue grew 74% to $1.21Bn over a nine-month period, its profit was a slim $60.8Mn Mega-Cap Competition: Deep-pocketed tech giants like Apple, Samsung, Google, a

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