The title of the Juventus football club from Turin fell by more than 8% on Wednesday in the Milan stock exchange, one day after its elimination from the Champions League.
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Around 13:00 (13:00 in Italy), the share of Vecchia Signora decreased by 8.17% to 0.791 euros, on a market decreasing by 0.30%.
This elimination against FC Porto (1-2, 3-2 after extra time) is the second in a row in the second round of the Champions League for Juventus, defeated last year by Lyon.
This concerns the Torino club of about 10 million euros (11.8 million dollars) which would have generated the passage to the quarterfinals, according to an estimate by La Gazzetta dello Sport.
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And it comes when the Bianconero club announced at the end of February a loss of 113 million euros (134.2 million dollars) in the first half of the financial year 2020/21, more than double those recorded in the first six months of the season. previously largely due to the coronavirus pandemic.