Winning student teams and their coaches from around Delaware were honored at an awards reception on Wednesday, May 26, for achieving the most growth in their portfolios during this spring’s remote Stock Market Game (SMG).

The SMG is an educational simulation on trading that is sponsored by the Securities Industry and Financial Markets Association, offered exclusively for Delaware students by the CEEE at UD’s Alfred Lerner College of Business and Economics.

This 10-week game encourages students to hone their financial skills by researching and entering trades with the goal of achieving the greatest portfolio growth possible. Students virtually invest $100,000 on the New York Stock Exchange and NASDAQ, with the job of monitoring their portfolio values and rankings.

Leisure Elementary took the victory for the elementary division with an earned return of $14,812 from the initial $100,000 investment. Led by teacher Timothy Werbrich, students Chernor Barrie, Jayden Grier, Jacob Ramos and Jayden Taylor exceeded the growth of the S&P by 8%.

Daniel Baxter, a student from Springer Middle School, won in his division with guidance from teacher Michael Glazier. He singularly brought in a whopping $28,340 in return investment from the allocated $100,000, exceeding growth of the S&P by over 21%.

Students John Becker and Paul Sarro, led by teacher Ann Terranova, from Appoquinimink High School, were the winning team in the high school division, earning a return of $12,077 as well as exceeding the S&P growth by more than 4%.

Jacobs praised the participants for their hard work, saying, “These kids are doing what sophisticated adults can’t do. The kids are going beyond what most adults can do.”

For further information, please visit: https://lerner.udel.edu/seeing-opportunity/delaware-students-outperform-sp-during-stock-market-game/