Oura's Suspended Stock Listing Illustrates Exactly How Warren Buffett Felt About IPOs
Buffett rarely found IPOs appealing for a simple reason.
Overview
2026 has already been a record-breaking year for IPOs. Through September, companies have raised $147.5 billion by taking their stocks public, more than in any other year in history. The majority of that came from Space Exploration Technologies (NASDAQ: SPCX), which raised $86 billion with its IPO in June, but there have been 111 other successful IPOs so far this year. Many expect the Anthropic IPO to add another $100 billion to the record in November.
To be sure, there's a lot of capital to be had in the public market. However, not every company is finding success. Oura had been one of the most anticipated IPO stocks of September, but management suddenly suspended its offering the morning it was set to debut. While it cited an uncertain IPO market, the real reason for the about-face reminds me of Warren Buffett's stance on IPOs.
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Originally published at www.fool.com.