What's Going On With FaZe Stock?

FaZe Holdings Inc. FAZE shares are trading lower Wednesday, and the stock is trending across social media. Here's a look at what's going on.

What To Know:

FaZe Holdings announced plans for “FaZe Fridays” to continue throughout 2024 after seeing strong viewership and engagement numbers in the first four events. The live event series created for gamers, by gamers will award over $1 million in cash prizes throughout the year. 

“We started this new weekly tournament to just have fun, and it’s really taken off,” said FaZe Swagg. “We look forward to putting together teams each week, competing in different titles with different groups and we’re honestly just having a blast. Love that the fans love it as much as we do!”

FaZe Holdings will hold a special meeting of stockholders on Feb. 16 at  2:00 p.m. ET to vote on the previously announced merger with GameSquare Holdings, Inc. GAME. FaZe Holdings’ shareholders of record as of the close of business on Jan. 11 may attend the meeting via a live, interactive webcast.

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FAZE Price Action: According to Benzinga Pro, FaZe stock is down by 0.05% at 18 cents at the time of publication.

Image: cromaconceptovisual from Pixabay