Three Penn Manor High School students have placed in the top four in the state in a stock market simulation competition that drew more than 700 participants from across Pennsylvania.
High school senior Kyle Mowery placed first, junior Jamar Gordon placed third and senior Zachary Schucker was fourth in the StockTrak “How the Market Works” competition.
Teams of students were asked to manage a hypothetical investment of $100,000 in stocks, bonds, and mutual funds over 10 weeks. They made buying and trading decisions based on the stock market and were ranked based on the amount of money their investments made.
The statewide competition was sponsored by the Pennsylvania Council on Financial Literacy.
Kyle, Jamar and Zachary learned about the stock market from Penn Manor economics teacher Chris Meier, who has been using stock market simulations in his classes for years.
“I initially spend a couple of days teaching about the stock market and investments and then occasionally check in with students at the start or end of class, but most of the trading throughout the competition is done by students on their own,” Meier said.
“My hope in running a simulation like this is for students to learn how investments work.”
From the results, it appears that Kyle, Jamar and Zachary learned quite well! Congrats, gentlemen.