Coca-Cola saw their share price dropped by 1.6% to $55.22 soon after Cristiano Ronaldo’s removal of two Coca-Cola bottles at a Euro 2020 news conference. The market value went from $242bn to $238bn — a $4bn drop.
The Portugal captain was visibly troubled when he saw two bottles of the carbonated soft drink in front of him as he sat down to speak to the media on Monday in Budapest ahead of his national team’s Group F opener against Hungary.
— The Sportsman (@TheSportsman) June 14, 2021
Cristiano Ronaldo did an Elon Musk! 🎙
He moved 2 bottles of coke and asked people to drink “water” 🥶
Coke lost $4 bn in terms of market cap intra day ! 📉pic.twitter.com/X5LrkIxaam
— Nigel D’Souza (@Nigel__DSouza) June 16, 2021