New Milford, NJ – Three students at the Solomon Schechter Day School of Bergen County (SSDS) earned first place in the first short-term middle school competition of this year’s Stock Market Game, a financial literacy program of the Securities Industry Financial Industry Markets Association (SIFMA).
Jesse Abed, Aidan Advocate, and Zachary Kauderer, 8th graders at SSDS, represented the winning team at both the county and state levels under the guidance of veteran math faculty member Donald Cutler. They “took home” nearly $70,000 in three days, “buying” 4,000 shares of LAKE, the company that manufactures hazmat (hazardous material) suits being used worldwide by physicians, nurses, and other health professionals treating Ebola patients. The team made its investing decision one day before the company publicly announced it had received an order for one million hazmat suits. SSDS students have been invited to share their insight at the annual SIFMA luncheon in June.
SSDS currently has four of the top-10 teams in the Stock Market Game’s Long-Term competition. The next competition will be the Capitol Hill Challenge in which SSDS students will once again represent the U.S. Republican Representative for New Jersey’s 5th congressional district, Congressman Scott Garrett.
For More Information, contact Leah Silberstein at [email protected] or 201- 262-9898 ext. 286.