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’s the Buzz:
FaZe Holdings has announced that it will be continuing its popular event series, “FaZe Fridays,” throughout
2024. The decision comes after the initial four events saw significant viewership and engagement numbers. The live event
series, created by and for gamers, will offer 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!”
Additionally, FaZe Holdings has scheduled 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 Performance: According to Benzinga Pro, FaZe stock is down by 0.05% at 18 cents at
the time of publication.
Image: cromaconceptovisual from Pixabay
