Viral Ronaldo snub coincides with $4B drop in Coca-Cola's market value - Sportsnet.ca

  • 📰 Sportsnet
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

In a video that was shared widely on social media, Ronaldo encouraged those watching to drink water after moving a pair of Coke bottles out of view.

Coca-Cola’s share prices dropped from $56.10 to $55.22 soon after Ronaldo’s actions, a 1.6 per cent drop, decreasing in market value from $242 billion to $238 billion.Coca-Cola, a major sponsor of Euro 2020,that "everyone is entitled to their drink preferences" reflecting different "tastes and needs."

Ronaldo’s influence is far reaching, as the 36-year-old star has nearly 300 million followers on Instagram and more than 92 million on Twitter. On Tuesday, he found the back of the net twice in Portugal’s 3-0 opening win at Euro 2020 against Hungary to become the all-time leading scorer in European Championship history with 11 goals.More from Sportsnet

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Refined sugars need to disappear.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 57. in CA

Canada Canada Latest News, Canada Canada Headlines