U.S. initial jobless claims for the week to 14 December 220,000, fell more than expected
On 19 December, it was reported that US initial jobless claims fell more than expected last week, in line with the gradual cooling of job market conditions. The U.S. Department of Labour announced on Thursday that first-time initial jobless claims fell by 22,000 to a seasonally adjusted 220,000 (230,000 in a Reuters poll) in the week to December 14th.
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Smart ring manufacturer Oura (OURA.US) IPO reportedly oversubscribed by about 4 times
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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Subscription multiplier reaches 4 times! "AI Ring" Oura IPO receives enthusiastic response
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.
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