Utah Treasurer Marlo M. Oaks announced that his office is hosting an awards banquet to honor the winners of the Fall 2021 Utah Stock Market Game on Friday, January 21. The banquet will feature student speeches and a keynote address by Bryan Cowley, Director of Licensing and Registration for the Utah Division of Securities.
Nearly 2,900 students from across the state participated in the Fall 2021 game, competing in elementary, middle, and high school divisions.
The Stock Market Game is a 10-week simulation of Wall Street investing that provides a framework for Utah students to learn about the U.S. economy and financial markets. During the game, students invest a hypothetical $100,000 in common stocks and diversified investment funds traded on major exchanges. Teams are ranked based on the ending value of their investment portfolios.
Vista Heights Middle School student Devin Sucher’s team took second place in the middle school division. He said, “We learned a lot about the stock market by playing this game, but we also learned some great business skills that will help us in our futures. We learned how to collaborate, we learned how to use and share a spreadsheet in Google Sheets, and we learned how to read a stock chart.”
Treasurer Oaks said, “When integrated with other curriculum, the Stock Market Game helps students understand stock market dynamics, how future revenue and earnings growth expectations drive stock prices, the risks involved in short-term market fluctuations, and other investment concepts. I appreciate the efforts of our teachers to help improve the financial knowledge of our next generation, and I’m proud of the students for their hard work.”
The awards banquet will be held at noon in the Canyons Ballroom at the Sheraton Salt Lake City Hotel. Registration check-in will be at 11:30 a.m. This event is open to the media. Due to capacity limitations, other guests may attend by invitation only.
The Fall 2021 Stock Market Game winning teams represent the following schools:
Elementary School Division
1st Place: West Bountiful Elementary School (West Bountiful)
2nd Place: HighMark Charter School (South Weber)
3rd Place: Thunder Ridge Elementary School (Saratoga Springs)
Middle/Jr. High School Division
1st Place: Timberline Middle School (Alpine)
2nd Place: Vista Heights Middle School (Saratoga Springs)