MILAN: Shares in Italian club Juventus fell more than 17 per cent in early trading on Wednesday after Cristiano Ronaldo’s side were knocked out of the Champions League quarter-finals by Ajax. Juventus shares were down 17.7 per cent at Euro 1.39 after plunging nearly 21 per cent when trading in Milan began. Shares in the Turin-based club had risen sharply last year following the signing of Ronaldo from Real Madrid. A young Ajax team stunned Juventus to reach the Champions League semi-finals for the first time since 1997 as Matthijs de Ligt’s second-half header secured a 2-1 second-leg victory in Italy on Tuesday. The defeat halted Ronaldo’s bid for a sixth Champions League title.
Juventus shares fall more than 17 percent after exit
Published on: April 18, 2019 5:46 AM