CNBC Announces Winner of the “Trading with the Stars Celebrity Portfolio Chalenge”
ENGLEWOOD CLIFFS, N.J., May 14, 2007 --- Today, CNBC, America's Business Channel, announced the winner of the Trading with the Stars Celebrity Portfolio Challenge. Jonathan Tucker, an actor, who is scheduled to appear in "In the Valley of Elah," director Paul Haggis' latest movie with Tommy Lee Jones and Charlize Theron, can now add best stock trader to his list of titles.
CNBC launched Trading with the Stars pitting CNBC programs against one another and star against star to see who has the best stock-trading skills, in conjunction with the "CNBC.com Million Dollar Portfolio Challenge" which began on March 5th. Trading will close on May 25, 2007 and the player with the highest portfolio value will be awarded $1 Million.
Representing CNBC's "Street Signs" (2-3 PM ET) in the challenge, Tucker will be a guest on the program today via phone from Australia.
Jonathan Tucker won the Trading with the Stars Celebrity Portfolio Challenge with a total portfolio value of $1,277,552.30 and a 28% gain. Seabridge Gold (SA) was Tucker's best investment netting him $42K over multiple purchases.
After nine weeks, Tucker's best-performing portfolio won $50,000 for his favorite charity, The Pegasus Fund, which helps send underprivileged children to camp. Just for taking part, the other participating celebrities will receive $5,000 for their charity of choice.
Rounding out the celebrity leaderboard, actor Stephen Collins (star of CW's series "7th Heaven") held strong in second place and Ernie Hudson (actor of "Ghostbusters" fame who recently starred in "Desperate Housewives") passed Major League Hall of Famer Johnny Bench for third. Actor James Cromwell ("24" and "Spiderman 3") and Poker Champion Chris Moneymaker, ninth and tenth respectively, both ended the contest at a net loss below the $1 Million they were given.
Moneymaker's biggest loss was on Allscripts Healthcare (MDRX), which cost him $139K and Cromwell's Achilles heel was Knot Inc (KNOT), which cost him $161K.
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