MINNEAPOLIS (May 17, 2011) – Fifth through eighth-grade students from Sheridan who participated in the Stock Market Game took top honors in their divisions last month.
The Stock Market Game is brought to schools through BestPrep, an organization which believes that students learn best through active participation in hands-on experiential activities. The game provides students with virtual money – a total amount of $100,000 – to invest in the stock market and learn about the economy firsthand on a local, national and even global scale.
This experiential tool helps increase students’ financial literacy and emphasizes the importance of investing. Allianz sponsored nine teams from Sheridan which participated in the Stock Market Game and the Allianz Stock Market Challenge. By sponsoring the teams, a business partner from Allianz worked with the students weekly via email to discuss the stocks in each team’s portfolio.
Two teams took first place in their divisions as part of the twelve-week Allianz Challenge and were honored at a luncheon at Allianz on May 9:
• Kyle Knutson, Keng Lee, Skylar English and Jakob Peet placed first out of 67 teams in the elementary division, making almost $12,000
• Pamee Xiong, Ntsis Thao and Wendy Vang placed first out of 73 teams in the middle school division, making $7,362
Three teams from the Beacons program finished in the top three places in the year-long Stock Market Game and will be honored at the BestPrep 35th Annual Luncheon at TCF Bank Stadium on May 19:
• Travis Sisomphane placed first in the elementary division making $28,000
• Jaelynn Smith and Amaya Pettis placed second in the elementary division making $13,000
• Diamon Edmonds placed third in the middle school division, making $12,000