Local results for the week of April 14:
1. MONTGOMERY - $354,802.59
Shown, back row, from left, are Eric Budnovitch, Robert Schnars, Ian Perry, Kalob Thomas, Jon Doss, Nick Manzitti and Esa Wells. Front row, from left, are Alexa Cranmer, Maggie Mason, Blake Young and Brianna Confer. The class is called Dollars and Sense and they have been involved in the regular game and the legislative challenge.
2. MUNCY - $118,913.72
3. HUGHESVILLE - $112,592.15
1. MONTGOMERY - $135,319.53
2. MUNCY - $100,088.38
3. WILLIAMSPORT - $99,017.71
Each week, the Sun-Gazette will publish the top three teams from local middle and high schools that are participating in The Stock Market Game.
In the Stock Market Game, students are given a virtual cash account of $100,000 and are encouraged to create the best-performing portfolio using a live trading simulation.
Students work together in teams, practicing leadership, organization, negotiation and cooperation as they compete for the top spot.
In building a portfolio, students research and evaluate stocks, and make decisions based on what they've learned.
Teams trade common stocks and mutual funds from the NYSE and NASDAQ exchanges; earn interest on cash balances; pay interest if buying on margin and pay a commission on all trades.
To determine why certain stocks perform the way they do, or why the broader market has moved up or down, they need to understand how the economy works, and to calculate their returns they need to do the math.
Since 1977, more than 14 million students have participated in The Stock Market Game program.
Locally, the program is sponsored by the Williamsport Sun-Gazette, and FNB Bank.