Nebraska high school students take part in the Junior Achievement Stock Market Challenge

Nearly 1,000 students take part in the 7th annual challenge

LINCOLN, Neb. (KLKN) – Nearly 1,000 high school students from across Nebraska participated in the seventh annual Junior Achievement Stock Market Challenge.  This year, due to the pandemic, the organization had to offer participants the option to participate virtually or in person at UNL’s Innovation Campus.  There were approximately 350 students in person for the event.

In the challenge teams of four have $1 million in mock stock and they all compete in fictitious companies and the team with the highest portfolio at the end of the two hour competition wins best investor.  The top three teams also get selected to represent Nebraska in the national competition.

Tera Norris, the president of Junior Achievement Lincoln said, “We want to make this experience as real of an experience as possible.  We know that kids learn through doing, by having a real world experience.”

Students agree and Kaitlynn Ellis, a senior from Waverly High school, said that she thinks it benefits students a lot because it gives kids her age insight into the world of business.

In a crowded room full of students all of them fighting to make the most money, they all said that the chaos and excitement of having to manage everything as well as being around other people that are interested in stocks is why they enjoy this event.

According to Norris, this stock market challenge is the largest in the country.  She says, “This is not only an experience that will help them [students] be able to make personal financial decisions, but it also helps in determining their career choices.”

A few years ago Waverly won the competition and one of the teams from the school is hoping they follow in their previous colleagues’ footsteps this year.

But, at the end of the day it was a team from Yutan who took home the first place trophy.  Coming in second was a team from Lincoln Southeast and in third was a team from Ashland-Greenwood.  These top three teams earn the right to represent Nebraska at the national competition virtually on May 18th.

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