Coca-Cola’s share worth dipped by $4bn (£2.8bn) after Cristiano Ronaldo eliminated two bottles of the carbonated drink in entrance of him at a press convention and inspired individuals to drink water.
The Portugal captain moved the cola bottles as he sat down to talk to the media at Monday’s Euro 2020 press convention forward of Tuesday’s Group F opener in opposition to Hungary. He then held up a bottle of water and shouted in Portuguese: “Agua!”
Coca-Cola’s share worth dropped 1.6 per cent virtually instantly from $56.10 to $55.22 (£39.76 to £39.14). The market worth of the corporate fell from $242bn to $238bn – a lower of $4bn (£2.8bn).
Coca-Cola is among the official sponsors of Euro 2020.
A spokesperson for the Euros stated “everyone seems to be entitled to their drink preferences”, with completely different “tastes and wishes”.
“Gamers are supplied water, alongside Coca-Cola and Coca-Cola Zero Sugar, on arrival at our press conferences.”
On Tuesday, France midfielder Paul Pogba eliminated a bottle of Heineken beer that had been positioned in entrance of him at a Euro 2020 information convention.
Pogba, a working towards Muslim, eliminated the bottle when he sat down to talk to the media after he was named man of the match in France’s 1-0 Group F win over Germany.