Oura has postponed its planned U.S. IPO, citing market uncertainty. The company had been preparing to sell 50 million shares at $40 to $44 each.

The delay is useful because Oura is a recognizable consumer-technology growth company rather than another frontier-AI lab. If a strong wearable brand decides conditions are not attractive enough, that says something about the breadth of current risk appetite.

Oura says it still intends to pursue public-market opportunities when conditions improve. For now, the delay joins a growing list of signals that high yields and geopolitical uncertainty are making investors more selective.