Cristiano Ronaldo’s gesture for most people to drink water rather than Coke in a Euro 2020 press conference could have price the pop up business $4 billion in market value.
Coca-Cola stocks dropped from $56.17 to $55.22 later Ronaldo transferred two Coke bottles from opinion and picked up a bottle of water until Portugal’s match against Hungary on Monday.
As of Thursday, Coca-Cola’s stock price was trading much lower at $55.08, bringing its overall market value down by almost $5 billion to $237.3 billion from $242 billion.
The football superstar exclaimed. Agua means water from Portuguese.
Coca-Cola is among the patrons for the UEFA EURO 2020 championship plus a statement in the firm analyzed by that the Guardian stated ,”everybody is entitled to their beverage tastes.”
A Euro 2020 spokesperson reportedly said,”Players are offered wateralongside Coca-Cola and Coca-Cola Zero Sugar, on coming in our press conference.”
Ronaldo might have begun a fad, because French football player Paul Pogba mirrored exactly the exact same gesture with a Heineken beer jar after a game with Germany on Tuesday.
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Ronaldo is well-known for his remarkable physique and advised goal.com this to keep his body in great shape that he avoids alcohol and carbonated beverages.