Katherine Clark received a $100 cash prize after winning a virtual stock market competition. The Springville-Griffith Institute senior won the semester-long competition, which takes place in Nils Wikman’s economic class.
Students start with $100,000 in virtual money and buy and sell stocks using real-time information in an attempt to build value in their portfolio throughout the semester. The student with the highest value portfolio at the end of each semester wins a $100 cash prize that is donated by Emerling Ford and Emerling Chrysler, Dodge, Jeep and RAM of Springville.
This project is an exercise in understanding the various forces that impact the stock market and the importance of including such factors as world events when investing. The simulation requires a great deal of attention to detail and the ability to manage a diverse number of stocks over a 20-week period.
Clark finished the game with a portfolio value of $157,224.