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The Law Offices of Frank R. Cruz announces an investigation of Cable One, Inc. (“Cable One” or the “Company”) (NYSE: CABO) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On May 1, 2025, Cable One released its first quarter 2025 financial results, revealing revenue which declined approximately 6% year over year, with residential data revenue declining 4.5% in the same period due to “decrease in residential data subscribers and a decrease in average revenue per unit (“ARPU”) as a result of the implementation of targeted pricing and product offerings in certain markets.” The Company further disclosed there was “heightened churn associated with [its] billing migration activities” in the quarter.
On this news, Cable One’s stock price fell $109.48, or 41.8%, to close at $152.51 on May 2, 2025, thereby injuring investors.
If you suffered a loss on your Cable One, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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