A Post-Truth World: Why Ronaldo Did Not Move Coca-Cola Share Price

However, a few hours after the Euro 2020 opener, a rash of articles had appeared all over the world suggesting that Ronaldo’s distaste for unhealthy Coca-Cola products had wiped out $4 billion of the brand’s value.which had “analyzed the [Coca-Cola] data from the New York Stock Exchange.” Other outlets simply repeated the message without citations: Some commentators concluded that one man, from a relatively small country, could sink a US multinational.

Stock movements are often too complex to attribute to a single factor. Rather, they are vulnerable to “confounding events” that happen concurrently and whose relationship to each other is blurry. . This technical term is easy to understand. When you own company shares, you receive dividends on certain days. In Coca-Cola’s case, this date was announced more than a year in advance. Once Coca-Cola became ex-dividend, that dividend had already been distributed.

Source: News Formal (newsformal.com)

Focusing on intrinsics rather than share price, is a better question to ask not whether Coca-Cola sales went up on all the buzz?

It’s Coca Cola Forbes , Coco Cola is the one from Colombia

Post-Truths

Why Portugal lost: Ronaldo didn’t drink enough water before the game haha 😂

hectorebl pues no, no fue el Bicho! Siuuuuuuu!

Who cares?

How much you get from cola for this Positive news?

Because COCO cola has not gone public yet.

Coz he wasn't even trying to. He just moved those 2 bottles. And now I think Coca Cola is using all this to undo the bad brand perception created. They hire the best minds in marketing.

Does anyone really change their beverage drinking behaviour based on any celebrity endorsements? I think some brands place far too much emphasis on strategies/tactics that simply don't move the dial with consumers.

¿Coco Cola? 😅

Just investors getting excited to make a profit from fluctuations.

Coco?

wow

Because they also own Desani water.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Run the World’ Is Essential TV By and For Black WomenThe Starz series understands a fundamental truth: that Black women are not new to women’s empowerment.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

‘Run the World’ Is Essential TV By and For Black WomenThe Starz series understands a fundamental truth: that Black women are not new to women’s empowerment.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Emotional Stacey Solomon says growing her kids has been her 'favourite thing'Soon to be mum-of-four Stacey moved her followers with an emotional post about her feelings towards being a mother and watching her children grow
Source: Mirror Celeb - 🏆 476. / 51 Read more »

How to go viral on social media? Attack a political opponent, study saysOutrage plays well on social media, and it works even better if you name your enemy.That's the finding of a new study from researchers at the Universi Do this country survived another bs so big like the last one Obvious Post is BS. There’s people who attack the orange skinned insurrectionist daily and they get nothing.
Source: NBCNews - 🏆 10. / 86 Read more »