Students Win Big During Stock Market Game
February 18, 2022
Delaware students were recognized at the Stock Market Game awards reception in January
Students from Gallaher Elementary School, Cab Calloway School of the Arts and Newark Charter School were victorious in their divisions during the fall 2021 Stock Market Game (SMG) offered by the University of Delaware’s Center for Economic Education and Entrepreneurship (CEEE) at the Alfred Lerner College of Business and Economics since 1983.
SMG is a biannual educational finance simulation sponsored by the Securities Industry and Financial Markets Association and funded by the Investor Protection Unit of the Delaware Department of Justice with support from WSFS.
During the 10-week SMG, 986 students on 312 teams composed of Delaware’s elementary, middle and high school students virtually invested $100,000 on the New York Stock Exchange and NASDAQ. The goal of the competition is to achieve the greatest growth in their portfolios as possible. On Jan. 12, the teams finishing in first and their coaches were honored during the virtual SMG awards reception.
A team from Gallaher Elementary School secured first place with the highest return consisting of $118,173. Guided by their teacher Christel Skaug, students Richard Lieux, Hassan Luzinda and Samuel Vazquez-Ortiz surpassed the growth of the S&P by over 10%.
Students Decker Reitemeyer and Mya Nocho, led by teacher Sverrir Georgsson, from Cab Calloway School of the Arts won first place in the middle school division. They earned a return of $115,036, which exceeded the growth of the S&P by nearly 7%.
Led by teacher Justin Miller, students Olutoba Ojo and Logan Welsh earned first place in the high school division for Newark Charter School. They brought in a return of $117,140 which surpassed the growth of the S&P by nearly 9%.
For further information, please visit: https://lerner.udel.edu/centers/center-for-economic-education-entrepreneurship/
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