Why Cable One (CABO) Shares Are Plunging Today
Cable One (CABO) shares fell 8.8% after announcing COO Ken Johnson's departure to become CEO of Bluepeak. Johnson oversaw key operations. The stock closed at $23.20. The company's revenue fell 7.3% YoY to $353M in Q1 2026, missing estimates. Residential data subscribers declined by 57,900 YoY. The stock is down 77.2% YTD.





