Cristiano Ronaldo’s snub of two bottles of Coca-Cola at a Euro 2020 news conference overlapped with a $4 billion drop in the value of the beverage giant.
The soccer star moved two bottles of Coca-Cola away from him during a press conference Monday, motioning to a bottle of water and saying “Agua.”
The share price for Coca-Cola, which does produce several brands of water, dropped by 1.6 percent from $56.10 per share to $55.22 per share almost immediately after Ronaldo publicly removed the bottles, according to multiple reports.
The market value dropped from approximately $242 billion to $238 billion, a roughly $4 billion dip.
Bullship
The man wanted water, not a soda. As an athlete, he knows water is he best liquid he needs. Why jump to the conclusion he was against coke. People need to get a life and not dwell on such incidentals.