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Coca-Cola Experiences a $4 Billion Drop Market Value

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Coca-Cola experiences a $4 Billion Drop in Market Value after Cristiano Ronaldo, a famous, well-known, and pinnacle footballer of the arena is a cautious health fanatic, which did not go well for the 2 bottles of Coca-Cola at the table.

 

With a deadpan face and the slightest tinge of derision, the splendid footballer Cristiano Ronaldo exchanges the 2 glass bottles of Coca-Cola with a bottle of water. He even muttered the company’s name!

 

After only a little period, the Euro 2020 sponsor noticed its marketplace cost drop via way of means of $4 billion.

 

The captain of the Portugal football crew is a famous health enthusiast. At a press convention in Budapest earlier, Portugal competed against Hungary at Euro 2020, Ronaldo made it widely known that he doesn’t enjoy carbonated drinks.

 

Within seconds of sitting down, the footballer places the Coca-Cola bottles away and holds a bottle of water up saying, “Agua” (water) in Portuguese in a gesture regarded to inspire human beings to drink water rather than aerated drinks.

 

The video of the complete episode became shared broadly on social media. Coca- Cola’s percentage fee dropped from $56.10 to $55.22 after the press conference came to a halt – a 1.6% drop. It has now gone down to $55.41.

 

The marketplace cost of Coca-Cola went from $242 billion to $238 billion – a major drop of $4 billion. Coca-Cola is one of the legitimate sponsors of Euro 2020 due to which the bottles have been located for advertising and marketing at the table.

 

Cristiano Ronaldo is a very well-known football pinnacle in the world. He is a massive fitness freak and very cautious about what he serves to his body. the famous star has around 300 million followers on Instagram! The footballer scored twice in Portugal’s 3-0 win over Hungary on Tuesday. Reportedly setting a record at the European Championship finals with 11 goals.

 

The footballer has in a way succeeded in depicting the importance of water over other carbonated drinks!

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