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StockWatch: $4bn Wiped from Coca-Cola Stock

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The removal of Coca-Cola bottles at a Euro 2020 press conference on Monday was followed by $4 billion being knocked off the company’s market value.

The gesture coincided with a significant impact on the market value when shares fell to $55.2 each.

Starbucks faces drinks ingredients shortage in the US. However, they would not say why and how many specific ingredients were missing.

Is this a sign of things to come for the beverage industry?

Timestamps:

  • #KO 02:40
  • #SBUX 03:55

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