Ronaldo's Coke snub wipes billions of drink company's market value

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Cristiano Ronaldo's decision remove two Coke bottles from his Euro 2020 press conference table and drink water instead wipes billions of dollars of the beverage company's value.

Soccer superstar Cristiano Ronaldo's decision remove two Coca-Cola bottles from his Euro 2020 press conference table and drink water instead has wiped billions of dollars of the beverage company's value.Coca Cola's share price fell as Ronaldo physically distanced himself from the sugary beverageCoca Cola is an official sponsor of Euro 2020, which held the press conference

He then moved the bottles out of shot and replaced them with his own bottle, filled with water, declaring "agua!" — water in Portuguese.The company's share price has not fully recovered after the 1.6 per cent dip.

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Sensible bloke, why would anyone drink Coke? Yuk 🙁

Sheep.

At least the original Coke actually did something with its 2 main ingredients being cocaine and caffeine 🤣

This is our time. Let's the guys sell their poison quietly, let them hybernate from our screens, at least of we will save our children. It has been hard convincing our them with the immense amounts these guys have always poured in commercialising these dangerous products. We won

It’s actually unprofessional of Ronaldo coz coke is sponsor of the tournament, if you have personal issue with it, you work with tournament owners to only have “health companies “ as sponsor or you won’t play / join etc. Simple

Coke owns mount franklin water.

Based on the trading charts, Coke actually traded higher after the press event began (maybe because Ronaldo touched the bottles?!), slipping to $55.21 five minutes in and not hitting its low for the day of $55.20 until 10:20 am EDT.

Does this guy age though? 🔥

Finally someone called a spade a spade!

“Cocaine-free” coca leaf extract is still being used as an ingredient in this drink. At one point they were adding actual cocaine to the drink for its addictive properties. Ronaldo snubbed them this time probably because they didn’t pay him enough.

Its general market volatility across all stocks… fake news again getting people excited

Water is life.

The expensive two bottles of Coke

Yeah making up shit now

I think Coke have enough money to not actually care what Ronaldo did tbh..

Based

The figures in the article make no sense, there was a very slight drop in share price 🤔

What compete nonsense ? It went down 0.16% yesterday! It did fuck all! Publicity even if it’s bad can be a good thing!

It's because Pro Palestine and Israel own Coke

Had to Google why 2020 not 21

good

Shows what an utter nonsense the market is.

Ronaldo has just clicked up my rating scale another ten points; ten points for goal scoring and ten points for social justice. Stand up and be counted is all we can do.

‘Of’ or ‘off’ ABC?

Coke: Is this the same company that sends in its lawyers to fight state governments and local councils who try to set up a 5 - 10 cent re-cycling fee for plastic bottles? How many millions of Coke, Sprite and Fanta plastic bottles are thrown on the streets and beaches each year?

Each week he should throw a different nestlé product out of the conference

The stock finished down 0.25%. Pretty insignificant.

Best goal ever!

Off

I really hope Alan Kohler is on the news tonight and can pull out one of his random charts that ties in, in someway, with this story.

Love it 👏👏👏

'billions of drink company's market value' Maybe ABC should spend less on woke and more on good proof readers.

And so it should. Sugar will be the tobacco of tomorrow.

There IS a god 😉

That’s a shame 🙃

Off?...

Lol tyronedalton

Gargantuan.

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Source: SkyNewsAust - 🏆 7. / 78 Read more »