Shares of Cable One, Inc. (CABO) are falling about 35 percent during Friday's morning trading, which might be the impact of its first-quarter results, released the previous day, showing a decline in the earnings to $2.6 million from $37.4 million last year.
Currently, CABO is trading at $168.53, down 35.67 percent or $93.46, over the previous close of $261.99 on the New York Stock Exchange. It has traded between $162.49 and $436.99 in the past 52 weeks.
The quarterly revenues declined to $380.6 million from $404.3 million in the previous year.
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