Junior Achievement’s first-ever JA Stock Market Challenge event brings the excitement of Wall Street to San Diego
April 26, 2017
SAN DIEGO, CA — On Tuesday, May 2, more than 150 students from local high schools will get a taste of the fast-paced, high-stakes stock market at Junior Achievement’s first-ever Stock Market Challenge. The high-energy event begins with a student competition and concludes with an evening competition for college and corporate teams. Sponsored by Dowling & Yahnke and QUALCOMM, the program will take place at QUALCOMM Conference Center AZ, located at 10155 Pacific Heights Blvd, San Diego, 92121.
Using state-of-the-art technology in a simulated trading environment, each team will begin with $500,000 in fictitious funds and interact with on-site traders to buy and sell shares in 26 companies with the goal of building the highest-net worth portfolio by the end of the trading period. The trading is fast, fun and furious as 60 trading days are condensed into two hours with a new trading day beginning every 80 seconds! Teams must think on their feet as they make real-trades in real-time, while filtering through the changing news and stock tips tracking latest market trends. At the end of day, the team with the largest portfolio will be crowned Stock Market Champions.
"The JA Yes team has been working on this event all year long and we are excited to give San Diego students the opportunity to learn about long-term investing in a fun, simulated stock market setting, " said Grant Webster, JA YES (Young Executive Society) Member and Portfolio Manager at Dowling & Yahnke. JA YES is a dynamic group of young San Diego professionals who have come together to advance financial literacy and expand Junior Achievement programs to as many students as possible.
In the evening, the Stock Market Challenge fundraiser will pit corporate teams against each other in fierce competition for the top portfolio at the end of the trading day. Craig Sewing, TV host & creator of American Dream Show and Sewing Radio Show will emcee both events.
The goal is to raise money to deliver Junior Achievement’s life changing financial literacy programs to 75,000 students in grades K-12 this year. Junior Achievement’s mission is to teach students how to get a job, start a business and how to manage their money.
“We are so grateful to our generous sponsors for bringing this exciting event to life for our JA students and corporate teams,” said Marla Black, President & CEO at Junior Achievement of San Diego County. “All proceeds from the event support our educational programs that teach K-12 students about work readiness, entrepreneurship and financial literacy.”