A State College Area High School team took top honors and students from four area school districts were recognized during a season-ending event for the Stock Market Games.
The Stock Market Game is a classroom simulation that offers players the opportunity to invest a hypothetical $100,000 in stocks, bonds and mutual funds. Players could buy, sell, short sell and short cover.
The State College winning team was led by teacher Ryan Long. Participating students included Alyssa Heater, Maddie Miller, Chris Sommer, Paige Sheeler, Brianna Fornicola, Jon Smith, Luke Hilliard, Chris Rodgers, Elijah Foster, Sam Murphy, Derek Oliphant, Parker Thompson and Ben Roeshot.
Team members said they used a mix of strategies in growing their initial $100,000 account to $106,076.63. They investigated and “bought” stocks they thought would do well in a short-term scenario, and added stocks that showed stability over time.
The result was the top score in the 10-week competition over contending teams from Penns Valley and Bald Eagle Area. State College had a second team in the competition, and St. Joseph’s Catholic Academy had a team.
All students were honored during a gathering Wednesday in the trading room at Penn State’s Smeal College of Business.
State College graduate Emily Zheng urged the young investors to consider careers in finance and to pursue those futures at Penn State, where she is president of the university’s Nittany Lion Fund LCC.
The Stock Market Game is an award-winning educational program from EconomicsPennsylvania.
The program is sponsored by Fulton Bank, Lion Country KIA, ProAct LTD and Videon Central.
Students competed for $50 gift cards and other prizes.
Each week, the Centre Daily Times has published the top three teams from participating local high schools.
The final weekly leaders:
School; adviser; total equity
State College Area; Ryan Long; $106,076.63
Penns Valley Area; Eric Weaver; $102,387.95
Bald Eagle Area; Diane Lucas; $101,508.46