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Fortune

Paolo Confino

Trump’s Coca Cola post tanked share prices for high fructose corn syrup makers

Donald Trump Coca Cola Ingredion CocaCola ADM Morningstar United States

President Donald Trump drinks from a soda bottle during a press conference (Credit: CHANDAN KHANNA—AFP/Getty Images)

President Donald Trump posted on social media Coca-Cola executives had agreed to only use real cane sugar for products in the U.S. Even though Coca-Cola didn’t explicitly confirm the change, share prices for companies that manufacture the sweetener sank on Thursday.

President Donald Trump yet again demonstrated the power of a presidential social media post.

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