Coca-Cola stocks fall after Ronaldo's gesture at Euro PC

Cristiano Ronaldo does not appear to be a fan of carbonated soft drinks after the Portugal captain removed two bottles of Coca-Cola kept in front of him at Monday's Euro 2020 press conference, encouraging people to drink water instead.

The 36-year-old moved the cola bottles aside as he sat down to speak to the media before Tuesday's Group F opener against Hungary.

He followed it by holding a bottle of water before shouting in Portuguese: 'Agua!'

Coca-Cola, one of the official sponsors of Euro 2020, could not immediately be reached by Reuters for a comment.

Spanish daily Marca reported that the cola company's shares took a dive after Ronaldo's gesture, dropping 1.6% on the stock market. In economic terms, Coca-Cola went from being worth $242 billion to $238 billion -- total losses of $4 billion.