FOR IMMEDIATE RELEASE News Release Contact: Jessica Feenan, Junior Achievement of Northern New England 781-373-1170 firstname.lastname@example.org
HINGHAM RESIDENT BILL KRACUNAS INVESTS HIS TIME AND TALENTS TO TEACH YOUNG PEOPLE ABOUT THE HIGHS AND LOWS OF THE STOCK MARKET
Junior Achievement of Northern New England gives local students unique opportunity to experience the pressure of Wall Street, battling to create and manage the best stock portfolio
Boston, MA (October 29, 2015) – Hingham resident Bill Kracunas invested his time and talent to Chair the 2015 Junior Achievement Stock Market Challenge offering students from throughout the region a unique, hands-on opportunity to learn how the market operates by investing and trading stocks as if they were managing accounts on the trading floor of the New York Stock Exchange. Bill’s efforts helped Junior Achievement to raise over $100,000 through this event.
In a fast-paced simulation of a 60-day stock trading period, teams of students from high schools throughout Massachusetts and New Hampshire competed with $500,000 of play money, battling each other to buy and sell stocks to create the portfolio with the highest net worth. Each student team was sponsored by a company that competed during the corporate Stock Market Challenge during the evening of October 22.
The money may have been imaginary, but the stakes were high, the energy was electric and the competition was fierce. The first, second and third place prizes were awarded to Newton North High, Weymouth High and Quincy High Schools respectively. Bill Kracunas said “It’s fantastic to see so many kids learning about the stock market in such an interactive simulation. This kind of situational learning really sinks in for the kids and it’s a great experience for everyone involved.”
Bill is National Leader, Management Consulting at RSM US LLP and a member of the Junior Achievement of Northern New England Board of Directors.
About Junior Achievement of Northern New England
For the 2014-2015 school year, Junior Achievement of Northern New England (JANNE) implemented 1,560 programs throughout 254 schools and after-school sites, reaching over 38,000 youth through the efforts of 2,289 trained volunteers. Serving students in nine Massachusetts counties and the entire state of New Hampshire, JANNE focuses on impacting “at risk” youth, and reaching optimal students within its territory. All programs are provided at no cost to school and organizations. JANNE is a non-profit 501(c) 3 charity and is supported by corporations, individuals, foundations and special events. For more information, please visit janewengland.org.