Teams from the Business English class finished first and second out of 14 teams in the post-secondary division of the Connecticut Stock Market Game which ran from February 11 through April 19.
Here are the final standings:
1 CT_36_ZZ235 CT_36_ZZ235 $104,970.52 2.4655 University of Bridgeport Rashba, Steven
2 CT_36_ZZ242 CT_36_ZZ242 $103,031.73 0.5267 University of Bridgeport Rashba, Steven
3 CT_36_ZZ1029 CT_36_ZZ1029 $102,593.55 0.0886 Economics and Finance Club Gonzalez, Carlos
Team ZZ235, Ran WANG and Xianyi ZHANG, finished with $104, 970.52 in the ten-week competition, and outperformed the S+P 500 by 2.46%. Their strategy involved buying stocks (long) and selling other stocks (short) to take advantage of the market fluctuations.
Team ZZ242, Yukun LIU, Ziyue HONG, Okiaki Nakayama, Lizhao LI, and Liang JIA finished with an impressive $103, 031.73, outperforming the S+P 500 by 0.52%. Their strategy involved buying and holding blue chip stocks such as Aetna and Home Depot.
The Stock Market Game is sponsored by Foundation for Investor Education and the SIFMA Foundation.