Euro 2020 - Cristiano Ronaldo's bottle gesture sees Coca-Cola's market value and share price drop

ByEurosport

Published 16/06/2021 at 07:53 GMT

Cristiano Ronaldo scored twice as reigning European champions Portugal got their Euro 2020 campaign off to the perfect start against Hungary on Tuesday. Ronaldo's 11 goals put him past Michel Platini's record of nine, all scored in the 1984 tournament. However, his pre-match press conference is still causing a stir. Removing two Coca-Cola bottles has hit the corporation's share price.

Watch mischievous Cristiano Ronaldo replace UEFA sponsor drink with water!

Coca-Cola's share price has dropped by 1.6 per cent after Cristiano Ronaldo moved two promotional bottles away from the cameras at Portugal's pre-match press conference on Monday.

Ahead of Portugal's 3-0 win over Hungary on Tuesday, the national team captain comically removed the two bottles on the table and switched them out for his water before saying "Agua! Drink water. Coca-Cola urgh".

As a result of the world star's actions, Coca-Cola's share price has dropped from $56.10 to $55.22 while the company's market value dropped from $242bn to $238bn.

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Coca-Cola, who sponsor the Euros, responded to Ronaldo's gesture with a statement. The drinks company said "everyone is entitled to their drink preferences" with different "tastes and needs".

Portugal, who are top of Group F, face Germany in their second game of the tournament on Saturday evening.