A cable manufacturer's stock has fallen sharply, losing nearly 19 percent of its value. The company's shares were initially listed at a substantial premium, but this gain was short-lived. After a strong debut, the stock's price began to drop due to profit-booking.

The stock's initial public offering price was lower than its listing price. Further information about the company's stock performance is available.

Details about the stock's current price and trading activity can be found in the original report.