Coca-Cola stock drops as boycott spreads in Latin America

Designer label for 2 litre Coca-Cola bottle

Designer label for 2 litre Coca-Cola bottle (Photo credit: Wikipedia)

Coca-Cola saw its stock value drop yesterday as the boycott against the soft-drink giant has spread across Spain and into Latin America over statements by its CEO in Spain, Marcos De Quinto.

In what has been labeled a direct attack on Christians, De Quinto, president of Coca-Cola Spain, hurled insults at life and family defense groups in response to a campaign by the religious liberty organization HazteOir.org to fight a controversial Spanish reality show.

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