Current Events > Coca-Cola shares drop $4 billion after Cristiano Ronaldo gesture to drink water

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Lebronwon
06/16/21 11:39:17 AM
#1:


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PipeTar
06/16/21 11:40:44 AM
#2:


I mean for fuck sakes, look at the fucking backdrop of their interview screen. It's nothing but fucking corporation logos.

They're not even people to the camera crews - they're just there to answer questions mindlessly while all the viewers stare at corporate logos and get brainwashed to go buy stuff.

I hate capitalism, my God.
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#3
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PipeTar
06/16/21 11:42:37 AM
#4:


JustMyOpinion posted...
It amazes me how such small things that won't even matter can move a stock price so much.
Role models of the biggest sport in the world saying "this product blows" isn't exactly a small thing.

It's basically a real-life commercial, if you think about it.

...just not the type of commercial you want.
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__aCEr__
06/16/21 11:43:08 AM
#5:


As if there weren't enough logos behind these guys.

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DeadBankerDream
06/16/21 11:44:12 AM
#6:


Are brand drinks just placed in front of people on the table at press conferences, with the brand logo pointing at the camera?

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Returning_CEmen
06/16/21 11:44:47 AM
#7:


Fair. If they dont want to promote something they dont believe in, they shouldnt be forced to if they dont have a contract with them.

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#8
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Blue_Target
06/16/21 11:44:59 AM
#9:


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EmbraceOfDeath
06/16/21 11:45:04 AM
#10:


Coca-Cola shares dropped from $56.17 to $55.22 after Ronaldo moved two Coke bottles out of view and picked up a bottle of water before Portugals match against Hungary on Monday.

Oh, so it's actually well within a reasonable fluctuation range for the stock and this is sensational crap.

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Tyranthraxus
06/16/21 11:45:20 AM
#11:


People are overblowing the effects. The was a drop but it didn't amount to much.

It's currently stabilized in price.



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Duncanwii
06/16/21 11:45:40 AM
#12:


PipeTar posted...
I hate capitalism, my God.

Its better then Communism. By a lot.
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#13
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PoundGarden
06/16/21 11:45:58 AM
#14:


PipeTar posted...
I mean for fuck sakes, look at the fucking backdrop of their interview screen. It's nothing but fucking corporation logos.

They're not even people to the camera crews - they're just there to answer questions mindlessly while all the viewers stare at corporate logos and get brainwashed to go buy stuff.

I hate capitalism, my God.

But without capitalism, would we even know who tf these guys are? Would sports be as big as they are?
Someone has to sponsor it and foot the bill

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ZannoL
06/16/21 11:46:00 AM
#15:


Water > Soda
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Vampire_Wreath
06/16/21 11:46:16 AM
#16:


Charge him for market manipulation like ELON DADDEH MUSKEH

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Irony
06/16/21 11:46:16 AM
#17:


Duncanwii posted...
Its better then Communism. By a lot.
Adults are talking, be quiet

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Blue_Inigo
06/16/21 11:46:18 AM
#18:


Nice

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kingdrake2
06/16/21 11:46:19 AM
#19:


Duncanwii posted...
Its better then Communism. By a lot.


one of the few things that have been right :(.
screw communism.
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#20
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SevenTenths
06/16/21 11:50:48 AM
#21:


Better get the gme boys to buy some Coke during the dip!

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Kolibri X
06/16/21 12:02:36 PM
#22:


What a badass. It was always clown world seeing these elite athletes promoting poison like Coca Cola and McDonald's.

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Paragon21XX
06/16/21 12:05:53 PM
#23:


JustMyOpinion posted...
Gatorade > Water > Soda


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Hmm...
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The Trent
06/16/21 12:06:17 PM
#24:


i didn't even know coke was not ambrosia until ronaldo snubbed it!

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you barely know yourself so i guess most of y'all should be offended
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MaddenDude--
06/16/21 12:13:25 PM
#25:


JustMyOpinion posted...
It amazes me how such small things that won't even matter can move a stock price so much.

I'm sure you know but it's not the fact that people are looking at it like, hmm Ronaldo drinks coke so in gonna drink coke. It's more that people see Ronaldo and see a positive image that represents the pinnacle of success, and they see coke next to him and those 2 become subconsciously associated so when you see coke at the store next to Pepsi, you'll see that coke in a more positive light and more likely to buy it.

And if you see pogba moving Heineken aside, you'll subconsciously have a negative association with Heineken, based on that time you saw it being rejected by someone who represents high quality performance.

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#26
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Romulox28
06/16/21 12:21:37 PM
#27:


Portuguese fatties are in shambles right now

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kingdrake2
06/16/21 12:23:41 PM
#28:


cases are more expensive FML. could get 6-8 of the 2 liter bottles instead of 2 cases of soda.
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PC-Builder_Pony
06/16/21 12:25:25 PM
#29:


As much as I love my Orange Vanilla Zero, nothing beats an ice cold glass of H2O

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PatrickMahomes
06/16/21 12:25:36 PM
#30:


buy low

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hockeybub89
06/16/21 1:00:17 PM
#31:


I like how there is a call for equality and fucking Qatar Airways on the same board.

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Solid Snake07
06/16/21 1:07:23 PM
#32:


JustMyOpinion posted...
It amazes me how such small things that won't even matter can move a stock price so much.


A 4 billion market cap swing is way less than a 1 percent move for a company as big as coke. I've seen stocks move 10 percent or more for stupider reasons.

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Raikuro
06/16/21 1:08:19 PM
#33:


Not like coca cola doesn't sell water too lol
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Solid Snake07
06/16/21 1:08:55 PM
#34:


Plus markets are just down in general today

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"People incapable of guilt usually do have a good time"
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#35
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SevenTenths
06/16/21 1:12:15 PM
#36:


Solid Snake07 posted...
Plus markets are just down in general today

Coke has been going down for a while. Ronaldo has little to anything to do with it.

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MixedRaceBaby
06/16/21 1:13:48 PM
#37:


Financial folks: "Bitcoin is DUMB and BAD because one guys tweet can tank the value!"
Coca Cola: "Hold my Diet Coke"

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Solid Snake07
06/16/21 2:38:07 PM
#38:


SevenTenths posted...
Coke has been going down for a while.


Not really

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TheVipaGTS
06/16/21 2:42:47 PM
#39:


Im currently drinking a Coke Zero. Fuck you christiano. You cant tell me what to do.

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YugiNoob
06/16/21 2:43:28 PM
#40:


DeadBankerDream posted...
Are brand drinks just placed in front of people on the table at press conferences, with the brand logo pointing at the camera?
Its like that Simpsons episode where Moe smashed a bottle and was getting ready to shank someone then someone leans in and whispers to him label to camera! Label to camera! or something lol

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Maeiv
06/16/21 2:46:08 PM
#41:


Raikuro posted...
Not like coca cola doesn't sell water too lol

Ronaldo now endorses Dasani!

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viewmaster_pi
06/16/21 2:48:01 PM
#42:


there's an alternate universe where he pushed the water away and said "drink soda"

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SevenTenths
06/16/21 3:44:34 PM
#43:


Solid Snake07 posted...
Not really


Ya rly

It dropped more in the days before then since.

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Broseph_Stalin
06/16/21 3:46:38 PM
#44:


PipeTar posted...
I mean for fuck sakes, look at the fucking backdrop of their interview screen. It's nothing but fucking corporation logos.

They're not even people to the camera crews - they're just there to answer questions mindlessly while all the viewers stare at corporate logos and get brainwashed to go buy stuff.

I hate capitalism, my God.

Tell me you've never had to live in a country without capitalism without telling me you've never had to live in a country without capitalism.
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WingsOfGood
06/16/21 3:48:20 PM
#45:


Literally 0 people stopped drinking coke cause of this.

Just the idiotic stock people panicking.
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Turbam
06/16/21 3:50:58 PM
#46:


Should I buy shares now?!?!!??

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bknight
06/16/21 4:09:29 PM
#47:


Oh noes, what will Coke do, it's not like they own a dozen brand of bottled water.
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Lordgold666
06/16/21 6:32:03 PM
#48:


Freal, water > any other drink

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REexpert44
06/16/21 6:36:39 PM
#49:


is coke still holding "Be less white" meetings?

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