Juventus’s Champions League Exit Spells Deja Vu for Investors
- Italian soccer club’s shares tumble after defeat to Porto
- Ronaldo was seen as key to success in lucrative tournament
Juventus player Cristiano Ronaldo during the UEFA Champions League quarter finals against Portugal’s F.C. Porto in Turin, on March 9.
Photographer: Valerio Pennicino/Getty Images
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Juventus Football Club S.p.A. shares dropped the most in seven months after the Italian soccer club missed out on a spot in the UEFA Champions League quarter finals following a sensational defeat to Portugal’s F.C. Porto in Turin.
The stock fell as much as 8.3% in Milan on Wednesday, wiping out its year-to-date advance. It traded down 6.7% at 80.44 euro cents as of 10:43 a.m.