Coca-Cola lost $4 billion dollars after Portugal super star Cristiano Ronaldo snubbed Coca-Cola during a pre-press conference meeting at the EURO 2020 Championship.
It is very clear he is not in favour of ultra processed soft drinks and his preference is water as he said, "Agua" after moving two Coke bottles to his left and replacing them with a bottle of water.
Coke shares fell from 56.10 to 55.22 right after Ronaldo's gesture. Cokes market value dropped to $238 billion from $242 billion.
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