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.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON CABLE ONE, INC. (CABO), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
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.
Contact Us To Participate or Learn More:
If you purchased Cable One securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250507285674/en/
