Southold High School student Jamie Molnar won second place in The Stock Market Game, a statewide competition organized by the SIFMA Foundation in Manhattan.
Jamie, a ninth-grader, competed against more than 1,160 students and started the contest with a $100,000 investment. She purchased stock in Cabela’s, Buffalo Wild Wings, Columbia Sportswear Company and Michael Kors. Overall, her portfolio had a gain of about $7,500 within 15 weeks.
Jamie will receive her prize at an awards ceremony next month at Molloy College.
“The students in ‘Computer Skills for the 21st Century’ all learned about investing in the Stock Market and even though it may be a gamble, the market returns a higher rate of return than any bank,” said Jamie’s business teacher, Kathy Williams, in an email. “It was wonderful watching the students run into class each day and checking their portfolios.”