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Juventus shares plunge after Champions League exit

Published April 17, 2019 Updated April 17, 2019 02:42pm
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By Shoaib Ur RehmanAFP
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MILAN: Shares in Italian club Juventus fell more than 17 percent 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 percent at 1.39 euros at 0730 GMT after plunging nearly 21 percent 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.

Copyright AFP (Agence France-Press), 2019
 

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