Throughout a Euro 2020 press convention on Monday, soccer celebrity Cristiano Ronaldo irritably moved two bottles of Coca-Cola, one of many official sponsors of the occasion, after which picked up a bottle of water.
“Água!” he exclaimed in Portuguese, setting the bottle down within the heart of his desk.
By the top of the press convention for the European Championship, Coca-Cola’s shares had dropped 1.6%, to $55.22 from $56.17. That lopped $4 billion off the beverage behemoth’s market worth, with the shares sinking one other 0.6% on Tuesday to $55.08.
Coca-Cola’s decline was in sharp distinction to the remainder of the S&P 500, which rose 0.4% on Monday. General, the inventory index has risen 13% this 12 months, whereas Coca-Cola shares are up 0.5%.
A Euro 2020 spokesperson stated that “gamers are supplied water, alongside Coca-Cola and Coca-Cola Zero Sugar, on arrival at our press conferences,” and that everybody “is entitled to their drink preferences.”
Manchester United and France participant Paul Pogba appeared to comply with Ronaldo’s lead a day later throughout his press convention. Pogba, a religious Muslim, moved a bottle of Heineken (one other Euro 2020 sponsor) from his desk. Nonetheless, he made no remark as he did so.
Ronaldo is legendary for his devoted strategy to well being and health. He’s recognized to eat six meals and take 5 naps a day, which he paperwork to his virtually 300 million Instagram followers.
Portugal beat Hungary 3-0, with Ronaldo scoring two of the three objectives. He now holds the file for objectives scored on the European Championship finals, with 11.
Coca-Cola didn’t instantly reply to a request for remark from CBS Information.