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

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

Last updated on: June 16, 2021 15:14 IST
Get Rediff News in your Inbox:

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.

Cristiano Ronaldo

Get Rediff News in your Inbox:
© Copyright 2021 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Tokyo Olympics

. Tokyo Olympics
. India's tour of England