Euro 2020: Coca-Cola loses $4 billion within hours over Cristiano Ronaldo’s gesture

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Deon
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Location: Some where in Nigeria
 

June 16th, 2021, 9:00 am

A gesture made by Portuguese superstar, Cristiano Ronaldo, during a press conference on Monday, has caused Coca-Cola a loss of over $4 billion.
The football icon had caused a stir on Monday with a gesture involving two bottles of Coca-Cola.
The gesture soon went viral on social media.
The Juventus man, while addressing the press ahead of Portugal’s Euro 2020 group-stage clash against Hungary, spotted the two bottles of carbonated drinks and immediately pushed them away from his vicinity
Ronaldo then picked out a bottle of water and said to the cameras: “Agua! (Water!)”.
Ronaldo has previously spoken out about his dislike of sugary soft drinks and said he hated his son consuming them.
Marca reports that the share price of Coca-Cola before and after Ronaldo’s action has led to billions of dollars in losses for the company.
The Spanish newspaper further claimed that the company went from being worth $242 billion to $238 billion – a “brutal 1.6% drop” for it on the stock market.
Cristiano Ronaldo scored twice as Portugal started their European Campaign on a bright note, beating Hungary 3-0 on Tuesday.
https://dailypost.ng/2021/06/16/euro-20 ... s-gesture/

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An eye for an eye left thousands blind,
remember that......
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nuesednutlofa
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Location: Lagos
 

June 16th, 2021, 9:03 am

Saw this news earlier and was shocked.
Power of influence
RainMoreDay Hiccupura3rd.
Everything Plus More....
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Deon
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Location: Some where in Nigeria
 

June 16th, 2021, 9:28 am

He removed a drink from the table and chose another and automatically $4bn was wiped off the company value and even prompted the to issue a statement about the gesture.
How can an individual hold so much influence over the choice of consumers like this.
If I hit him with a deal, he will be hawking the drink on the express. That's if am the CEO of coca-cola.
An eye for an eye left thousands blind,
remember that......
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yaroummu
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Location: Kaduna
 

June 16th, 2021, 9:42 am

Stupidity to d core
Cool me
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eMade
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Location: Abuja
 

June 16th, 2021, 9:43 am

Deon wrote: June 16th, 2021, 9:28 am He removed a drink from the table and chose another and automatically $4bn was wiped off the company value and even prompted the to issue a statement about the gesture.
How can an individual hold so much influence over the choice of consumers like this.
If I hit him with a deal, he will be hawking the drink on the express. That's if am the CEO of coca-cola.
That his influence and value is earned over time. And I admire this incident.
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Ypfrank
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Location: Port harcourt
 

June 22nd, 2021, 6:13 pm

Chail!! It's well anyways
Wolexman
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Location: Ogun States, Nigeria
 

June 30th, 2021, 7:36 am

Wow, let's Ronaldo help the situation oo
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