Euro 2020: Coca-Cola Loses $4 billion Within Hours Over Cristiano Ronaldo’s Gesture (Video)

Jun 16, 2021

Euro 2020: Coca-Cola Loses $4 billion Within Hours Over Cristiano Ronaldo’s Gesture (Video)

The gesture made by the captain of Portugal, Cristiano Ronaldo, during a press conference on Monday has caused

The Juventus forward while speaking with journalists during a press conference spotted two bottles of Coca-Cola and

immediately pushed them aside.

Ronaldo thereafter picked up the bottle of water that was on the table and said to the cameras: “Agua! (Water!)”.

The talented player at a time had spoken against sugary soft drinks, adding that he does not want his son to consume

them.

However, According to Marca, the share price of Coca-Cola before and after Ronaldo’s action has led to billions of dollars in

losses for the company.

The Spanish newspaper further claimed that the company went from being worth $242 billion to $238 billion – a

“brutal 1.6% drop” for it on the stock market.

Cristiano Ronaldo scored twice as Portugal defeated Hungary 3-0 on Tuesday.

Euro 2020: Coca-Cola Loses $4 billion Within Hours Over Cristiano Ronaldo’s Gesture (Video)

By Cynthia N.

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