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, and Amazon..

Add others or convince me to subscribe.