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Coca Cola's Stocks Fall After Cristiano Ronaldo Snubs Soda on TV

Cristiano Ronaldo Portugal stars 2020 ESPN
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justjared.com
justjared.comjustjared.com:

Cristiano Ronaldo is not a big soda drinker! The 36-year-old soccer star appeared at a press conference at UEFA Euro 2020 on Monday (June 14) and during the event he moved two bottles of Coca-Cola that were placed in front of him out of view of the cameras as he sat down. Cristiano then held up a bottle of water and said in Portuguese: “Water!” According to ESPN, his comment coincided with a major drop in Coca Cola’s market value. Click inside to find out what happened… The outlet writes that Cristiano‘s soda snub lined up with the shares of Coca-Cola dropping 1.6 percent, from $56.17 to $55.22, bringing the company’s market value down from $242 billion to $238 billion.

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