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Wasatch High School Places 2nd in State Stock Market Game

Stock market students Wasatch High School Places 2nd in State Stock Market Game

Wasatch High School Financial Literacy students Austin Clayson, Matt Johnston, and Krew Roland were recently honored at an awards banquet Friday, May 10, at the Joseph Smith Memorial Building in Salt Lake City for taking second place in the State Stock Market Game. Attending this special occasion with the students were their parents; Susan Edwards, Teacher and D. Scott Phillips, Financial Advisor. 

For ten weeks student teams invest a hypothetical $100,000 in stocks traded on the New York and Nasdaq Stock Exchanges. Teams submit their transactions and receive daily portfolios highlighting their current holdings, brokerage fees, margin, interest, and team ranking. At the end of the ten-week simulation, the top three winning teams are recognized with plaques, prizes and an award ceremony. The winning teams are those who have increased the market value of their portfolio by the greatest amount.

Over 400 teams from high schools state wide were involved in the game. Austin, Matt, and Krew finished the 10-week competition with total equity of $119,000. First place went to Utah County Academy of Science with total equity close to $121,000.

A special thank you to the Office of the Utah State Treasurer for their financial support of team fees and sponsoring the awards banquet. Congratulations to these students for their achievements in Utah Stock Market Game.