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Prosper Stars & Stripes Fund disclosed in its Q2 2026 letter to investors that Cable One (CABO) was the second-largest contributor to its short portfolio, having shorted the stock five times in the past four years.
The fund noted that Cable One (NYSE:CABO) faces increasing competition in rural markets from fiber, fixed wireless, and satellite internet, leading to a loss of pricing power and market share. Cable One's revenue declined by 7% in Q1 2026, with earnings falling by approximately 33%. As of September 8, CABO's stock price was $23.03, down 31.48% over the past month and 85.49% over the past 52 weeks.
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Source：Yahoo财经 · Source Link
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