Cable One Shares Tumble After Dividend Suspension, Revenue Miss

MT Newswires Live

2025/05/02

Cable One (CABO) shares tumbled 34% in recent trading on Friday after the company suspended its quarterly dividend and reported Q1 revenue that trailed Wall Street estimates.

Raymond James downgraded the stock to market perform from outperform, and KeyBanc downgraded the shares to sector weight from overweight.

Intraday volume topped 386,000 shares versus the daily average of about 153,500.

Price: 172.32, Change: -89.67, Percent Change: -34.23

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