Cable One's Downfall: A Cautionary Tale for Monopolies in Flux Cable One, Inc. , a US based provider of data, video, and voice services, has seen its stock plummet by 85% over the past year, with a 31.
48% drop in just the last month. This decline is reminiscent of the dot com bubble era, when companies like Pets.
com and Webvan burst under the weight of their own hubris and inability to adapt to changing market conditions. The similarities between Cable One's story and those cautionary tales are striking.