Students figure out how to make money on stocks

By: BIRMINGHAM, Ala. (AP)
By: BIRMINGHAM, Ala. (AP)

Looking for some advice on how to make money in the turbulent stock market? Some high school students might be able to help.

A team of seniors at Spain Park High School in Hoover picked stocks that earned a 21 percent return during a time when the rest of the market was plummeting.

The students won first place in the Alabama Council on Economic Education's biannual Stock Market Game.

Playing with pretend money, seniors Emily Hoffman, Danielle Hughes and Matt Phiropoulos turned a $100,000 investment into $121,793.70 during the 10-week game from Sept. 29 to Dec. 5.

During that same time the Dow Jones Industrial Average fell 17 percent.

A total of 935 teams in 102 schools participated in the game.


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