Juventus stock halted after Cristiano Ronaldo team loses UEFA Champions league to Ajax

Cristiano Ronaldo of Juventus evades challenge by Frenkie de Jong of Ajax during the UEFA Champions League Quarter Final second leg match between Juventus as well as Ajax at Allianz Stadium on April 16, 2019 in Turin, Italy.

Chris Ricco | Getty Images Sport | Getty Images

Cristiano Ronaldo of Juventus evades challenge by Frenkie de Jong of Ajax during the UEFA Champions League Quarter Final second leg match between Juventus as well as Ajax at Allianz Stadium on April 16, 2019 in Turin, Italy.

Shares in Italian soccer team Juventus plunged as much as a quarter in value on Wednesday after of which was knocked out of Europe’s Champions League competition by Ajax Amsterdam.

The Turin-based club lost 2-1 at home in its second quarter-final tie against the Dutch club on Tuesday night, resulting in a 3-2 aggregate defeat.

At 8:30 am in Milan, Juventus shares were down 17.3 percent at 1.3960 euros, after trading as low as 1.275 euros, which prompted a temporary suspension.

By contrast, Ajax shares jumped 8.5 percent to an all-time high of 18.60 euros, as the four-time former champion reached the semi-finals of the Champions League for the very first time 1997, where of which will play either Manchester City or Tottenham Hotspur.

For doing the last four of which season Ajax receives a different $13.5 million in prize-money, using a different $21.4 million on offer to make the final as well as win of which.

Ronaldo gamble

Much of the focus after the loss was on Juve’s Portuguese forward Cristiano Ronaldo who had won the last three the Champions League tournaments his former club, Real Madrid.

Juventus specifically bought the forward by the Spanish giants last summer for a transfer fee of 100 million euros ($113 million), inside expect he could Just as before win Europe’s top soccer competition.

Keeping up his end of the bargain, Ronaldo scored both goals for Juventus over the two legs, however of which wasn’t enough to progress.