During a Euro 2020 press conference on Monday, soccer superstar Cristiano Ronaldo irritably moved two bottles of Coca-Cola, one of the official sponsors of the event, and then picked up a bottle of water.
"Água!" he exclaimed in Portuguese, setting the bottle down in the center of his desk.By the end of the press conference for the European Championship, Coca-Cola's shares had dropped 1.6%, to $55.22 from $56.17.Coca-Cola's decline was in sharp contrast to the rest of the S&P 500, which rose 0.4% on Monday. Overall, the stock index has risen 13% this year.
Manchester United and France player Paul Pogba appeared to follow Ronaldo's lead a day later during his press conference. Pogba, a devout Muslim, moved a bottle of Heineken (another Euro 2020 sponsor) from his desk. However, he made no comment as he did so.