Tigard High students take home first-place trophy in stock market challenge
Tigard High School business students attending this year's Junior Achievement Stock Market Challenge took home a grand prize trophy Thursday in a challenge where they took a $1 million portfolio and turned it into $50 million.
The Tigard students took on students from Oregon City, Tualatin, Faith Bible and Westside Christian high schools in an event held at the Fred Meyer Conference Center in Southeast Portland.
The challenge included starting with $1 million to buy stock in 26 companies. Students then received news events, industry reports and updates that helped inform their trading decisions. Each participating class had completed two volunteer-taught lessons and a practice session prior to the competition.
The winning Tigard students included Tyler Emerson, Bonifacio Yuzon, James Favot, Eli Dobson and Harrison Lieuallen.
"I am super proud of my students for winning this challenge on our first time attending!" said Sue Suttich, a Tigard High School business teacher. "Each group worked together on different jobs like reading the news and industry reports, keeping track of their stocks and cash and finding the trader to make trades. It was fast-paced and a bit stressful but they had a blast watching their portfolios rise and fall only to rise again."
She said it was a great learning experience on how hard it is to play the market.