Somerville High School’s Personal Finance class team of Joseph Carey, Jonathan Chan, and Theo Tourlentes placed third out of 35 teams at the Junior Achievement’s Stock Market Challenge held on Thursday, December 12, 2019 at the new headquarters for State Street Corporation in Boston. Also making a good showing at the competition were the Somerville High School teams of Eric Lemus, Michael Rivillas Escalante, and Marco White, who finished fourteenth in the competition; as well as Joseph Amari, Erik (Matteus) Anell, and Andrew DaCosta who placed twenty-third.
The Stock Market Challenge is a fast-paced competition in which students use their collaboration, communication, and critical thinking skills to achieve the greatest rate of return on their investments over a 60-day market cycle. Each team begins with a hypothetical account balance of $500,000. Somerville’s winning team was among the top five spots from the beginning of the competition and ended with a portfolio value of $619,669. Students interested in more information on how to get involved in next year’s competition are encouraged to contact Business Teacher, Michele Harney (mharney@k12.somerville.ma.us).
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