FMP
Jun 17, 2025 6:00 PM - Danny Green
Image credit: Google Images
Cable One, Inc. (NYSE:CABO) is currently under investigation by Pomerantz LLP for potential securities fraud or other unlawful business practices. Pomerantz LLP, a firm renowned for its specialization in corporate, securities, and antitrust class litigation, has a notable history of handling securities class actions and securing multimillion-dollar awards for class members. This investigation follows a similar case involving Metallus Inc., which faced financial challenges and a significant stock price drop.
Recently, Weymouth Katharine, a director at Cable One, made a notable investment by purchasing 150 shares of CABO at $130.88 each. This transaction, reported under Form 4, increased her total holdings to 2,294 shares. The current stock price of CABO is $130.04, showing a slight increase of 0.16%. The stock has traded between $128.06 and $132.97 today, indicating some volatility.
Cable One's market capitalization stands at approximately $731.8 million, with a trading volume of 311,571 shares on the NYSE. Over the past year, CABO's stock price has fluctuated significantly, reaching a high of $437 and a low of $127.36. This volatility may be of interest to investors, especially in light of the ongoing investigation.
The investigation into Cable One comes after Metallus Inc. reported disappointing financial results for Q1 2025. Metallus's non-GAAP earnings per share were $0.07, missing consensus estimates by $0.05. The company's CEO cited volatility in the defense supply chain as a contributing factor. Following this announcement, Metallus's stock price dropped by 11.31%, closing at $11.61 per share on May 9, 2025.
As Pomerantz LLP continues its investigation into Cable One, investors will be closely monitoring any developments. The firm's expertise in securities class actions and its history of securing significant awards for class members make this investigation noteworthy. Investors should stay informed about any potential claims of securities fraud or other unlawful business practices by Cable One and its officers or directors.
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
Dec 17, 2024 8:58 AM - Sanzhi Kobzhan
Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...
Dec 22, 2024 7:59 AM - Sanzhi Kobzhan
When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...