Why CABO was halted on Oct 9 2026: financing litigation
CABO-25.2%on Fri Oct 9 2026
Cable One, Inc. was down 25.2% on the day at $11.51, ranked #3 on 106× its usual five-minute volume, when TapeRank recorded this trading halt at 13:38 ET during regular hours when it was halted. TapeRank recorded 2 events for CABO that day, between 10:33 and 13:38 ET, and each is in the timeline below.
THE DAY ON THE LIST · 2 EVENTS
- 10:33 ETMOVER · REGULAR
$11.18 · ▼ 27.3% ON THE DAY · 20.6× 5M RVOL · RANK #7
No verdict was committed for this event.
THE ROW AND SESSION LEVELS AT 10:33 ET
LAST11.18DAY▼ 27.3%5 MIN▲ 1.36%5M RVOL20.6×5M $VOL$540KFLOAT*5.7MRANK#7SESSIONREGULARVWAP11.99HOD15.80LOD11.00OR HIGH15.01OR LOW12.05PREV CLOSE15.38PM HIGH15.80PM LOW14.99GAP▼ 2.73%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
- 13:38 ETHALT · REGULAR
HALTED AT $11.51 · ▼ 25.2% ON THE DAY · 106× 5M RVOL · RANK #3
JUSTIFIEDCONFIDENCE5/5Cable One is down 25.2% on news that CoBank sued to block its planned roughly $480 million Mega Broadband investment transfer, although sources say the financing remains on track. The sharp five-minute rebound and upside halt reflect extreme order flow around the litigation and financing uncertainty rather than a clean directional move.
WHYA roughly $480 million transaction faces litigation, making a 25% decline with a 12% five-minute reversal and halt broadly proportionate to the material financing risk.ANALYZED 13:41 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 13:38 ET
LAST11.51DAY▼ 25.2%5 MIN▲ 12.40%5M RVOL106×5M $VOL$1.7MFLOAT*5.7MRANK#3SESSIONREGULARVWAP11.03HOD15.80LOD9.88OR HIGH15.01OR LOW12.05PREV CLOSE15.38PM HIGH15.80PM LOW14.99GAP▼ 2.73%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
NO VERDICT MEANS THE MODEL HAD NOT REACHED THE NAME BEFORE THE EVENT WAS FINALIZED, OR ITS ANSWER HEDGED AND WAS WITHHELD. NOTHING WAS FILLED IN AFTERWARDS.
THE SESSION
- 09:30 ETOpened at $14.96, -2.7% on the previous close of $15.38
- 09:30 ETRegular-session high, $15.01
- 13:38 ETHalted (M); resumed 13:43 ET, after 5 minutes
- 13:44 ETRegular-session low, $9.84
- 15:59 ETLast trade of the regular session, $11.13, -27.7% on the previous close of $15.38
- Volume: 2.3M shares in regular hours, 6K before the open
Cable One opened at $14.96 and briefly reached $15.01 before falling to $11.18 by 10:33 ET, when TapeRank ranked it among the leading movers at a 27.3% loss. CoBank’s lawsuit seeking to block the planned roughly $480 million transfer to acquire a stake in Mega Broadband Investments was TapeRank’s read as the catalyst, making the move justified with 5/5 confidence; after a halt at 13:38 ET, the stock resumed at $11.51 and later dropped to a $9.84 low before ending at $11.13, down 27.7% from the previous close.
WRITTEN THU OCT 15 2026 18:03 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
- 11:58 ETCoBank ACB Sues Cable One From Transferring ~$480M To Acquire Stake In Mega Broadband InvestmentsBenzinga
- THU 14:00 ET'Cable One Nears $1.25 Billion Financing Deal; The Broadband Company’s New First Lien Term Loan Will Come From New And Existing Lenders, People Familiar With The Matter Said' - WSJ ExclusiveBenzinga
- THU 13:58 ETCable One Shares Resume TradeBenzinga
- THU 13:53 ETCable One Shares Halted, Stock Now Down -1.29%Benzinga
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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