Students in Katie Broskey's money and banking class demonstrated their savvy investing skills in a recent stock-market game, which concluded April 20.
Starting with a virtual cash account of $100,000, students worked in teams to create the best-performing portfolio using a live trading simulation.
For eight weeks, the students competed against other teams regionally and statewide.
The top team, comprised of Gov. Mifflin students Drew Moyer and Matthew Mitchell, had an ending balance of $109,704 – an annualized return of about 63 percent.
And that’s after a 2 percent broker fee was deducted.
Out of 57 teams that participated from the region that included schools in Berks, Lehigh and Northhampton counties, eight Gov. Mifflin teams placed in the top 15:
- 1st place: Drew Moyer and Matthew Mitchell ($109,704)
- 2nd place: Kurt DeLeon and Jordan Smith ($107,902)
- 3rd place: Dalton Fisher and Bryan Hipszer ($106,595)
- 7th place: Cooper Korejwo and William Pickup
- 10th place: Nicholas Hannum and Devon Guistwite
- 11th place: Roy Hogan and Edison DeLosSantos
- 12th place: Bonface Karanja and Andre Fisher
- 13th place: Lauren Kroll, Josh Berube and Kiota Bryan
Moyer and Mitchell finished 101st out of 3,480 teams in the state.
"No matter what place the students finished, they all gained a valuable real-life experience of how the stock market operates,” Broskey said.