StockWatch: $4bn Wiped from Coca-Cola Stock
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
Join our responsible trading community - Open your Orbex account now!