Everybody knows footballer Cristiano Ronaldo, he’s one of the most famous footballers in the world right now. So it is not a big surprise that a small action done by him caused Coca-Cola to lose $5 billion. In a press conference, Ronaldo had two bottles of Coca-Cola in front of him and he picked them up and asked the audience to drink water instead of Coke. Watch the video here:
🥤👀 Cristiano Ronaldo wasn't pleased with the bottles of coke at his press conference and shouted 'drink water!'…#POR | #CR7 pic.twitter.com/QwKeyKx2II
— The Sportsman (@TheSportsman) June 14, 2021
The company’s stock price started to fall immediately after Ronaldo did this:
Ronaldo moves a few coke bottles out of the road wiping 5
Billions off Coca-Colas market cap. Meanwhile #bitcoin is too volatile https://t.co/cCWxUVIeSb— hitmanjd (@hitmanjd85) June 16, 2021
