Gold futures and spot prices plunge, New York gold futures drop 3%
Jinse Finance reported that New York gold futures fell sharply by 3.00% intraday, currently quoted at $4,068.20 per ounce. Spot gold has retreated below $4,070 per ounce, down 2.44% on the day.
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According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.
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Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.
