Oura puts a ring on Wall Street with one of this year's biggest IPOs

Study the questions and tasks

Work through the material below, or start the interactive practice above to complete an attempt. Try the exercises before opening any answer or transcript sections, then use them to review your work.

Practice level

B1. Try this level if you can follow the instructions and understand most of the language; choose an earlier level if you need more support.

Question formats

Single choice

How to approach this practice

Read the questions, then listen before opening the transcript. Notice names, numbers and any corrections the speaker makes.

1. Question 1 · Single choice

   Choose one answer.

   What happens before the recording explains an IPO?

   Return to the passage, recording or visual
   1. The article describes a new ring design.
   2. The article introduces Oura’s move to Wall Street.
   3. The article reports that investors rejected Oura.
   4. The article explains exactly how the data will be used.
   Check answers and explanations

   Answer

   The article introduces Oura’s move to Wall Street.

   The recording first introduces Oura’s move and its expected size.

   NPR describes the move as one of this year’s biggest initial public offerings, or IPOs.

2. Question 2 · Single choice

   Choose one answer.

   Why is Oura seeking strong interest from Wall Street?

   Return to the passage, recording or visual
   1. Because it is entering a public market
   2. Because it wants to stop collecting data
   3. Because smart rings are worn on fingers
   4. Because the source gives product instructions
   Check answers and explanations

   Answer

   Because it is entering a public market

   Oura is offering part of its business to public investors.

   An IPO is when a company offers part of its business to public investors.

3. Question 3 · Single choice

   Choose one answer.

   What does the company believe about its health data?

   Return to the passage, recording or visual
   1. It is unrelated to the company’s future.
   2. It is an important part of the company’s business story.
   3. It cannot interest investors.
   4. It is already being sold to the public.
   Check answers and explanations

   Answer

   It is an important part of the company’s business story.

   Oura believes its health data can support its business story.

   That makes the data an important part of the company’s business story as it enters the public market.

4. Question 4 · Single choice

   Choose one answer.

   What does the source clearly say about Oura’s data?

   Return to the passage, recording or visual
   1. Oura sees the data as valuable.
   2. Oura has stopped collecting the data.
   3. The data will definitely make investors rich.
   4. The data is used only outside business.
   Check answers and explanations

   Answer

   Oura sees the data as valuable.

   The source clearly presents the data as something Oura considers valuable.

   It does make clear that the company sees its health-data collection as valuable.

5. Question 5 · Single choice

   Choose one answer.

   What result will the IPO’s performance provide?

   Return to the passage, recording or visual
   1. It will show whether investors support Oura’s view.
   2. It will show how rings are worn.
   3. It will explain the meaning of IPO.
   4. It will identify a more exact location for Wall Street.
   Check answers and explanations

   Answer

   It will show whether investors support Oura’s view.

   Its performance will test whether investors share Oura’s belief.

   Its performance will show whether investors agree with the company’s view that health data can help make a smart ring business successful.

What to review next

Listen again to difficult sections, then open the transcript to check what you heard. Repeat a useful phrase aloud and try the recording once more without the text.

A focused practice result shows how you did on these tasks. Use several activities across skills to decide what to study next; one practice score does not certify an overall CEFR level.

Before you practise: a worked example

Listen for the final information, especially when a speaker corrects or changes an earlier statement.

Example transcript: “Let’s meet at five — actually, half past five would be better.” What is the final suggested time?

The final suggested time is 5:30. Actually signals a correction; the first time is replaced by the later suggestion.

This teaching example is separate from the scored questions. After your test, compare any mistakes with the explanation and revisit the topic before trying again.