Tag: ronaldo coca-cola

Ronaldo’s snub sees Coca-Cola’s market value drop by $4bn
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Ronaldo’s snub sees Coca-Cola’s market value drop by $4bn

One of the hottest attackers at the ongoing Euro 2020 Cristiano Ronaldo is not a fan of carbonated soft drinks after he was seen removing two bottles of Coca-Cola kept in front of him during Monday's Euro 2020 press conference, encouraging people to drink water. The 36-year-old striker moved the bottles aside as he sat down to speak to the media ahead of their Group F opener against Hungary on Tuesday, a game in which he scored a brace as Portugal ran out 3 nil winners. After Ronaldo's gesture, Coca-Cola's share price dropped from  $56.10 to $55.22 almost immediately, a 1.6% dip. The market value of Coca-Cola also fell from $242bn to $238bn – a drop of $4bn. READ: Mason Mount is a force that has come to stay Regardless, Coca-Cola, who are one of the official sponsors of the ong...