Portuguese super football player has caused a drop of Coca Cola company market share value.
During a Euro 2020 press conference, Cristiano Ronaldo pushed away two Coca Cola beverage bottles away off the cameras in an indication that the soft drinks have a huge negative effects to human health. Instead, Ronaldo was seen holding a water bottle that he prefers to Coca Cola carbonated soft drinks.
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Coca Cola company being one of the main official sponsors of ongoing Euro 2020, Rinaldo’s gesture made the company get a $4 Billion Dollars immediately after the gesture.
The company share price wend down from $ 56.1 to $55.2 USD hence its marketing share value had a 1.6% dip since it dropped from $242 billion to $238 billion.