Faze stock price closed at $0

Faze stock price closed at $0.74, outperforming peers in the gaming and content creation niche. Positive sentiment stems from rumored strategic partnerships, but lack of verified news may limit institutional buy-in. Given that Nyrada didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. When a company doesn't make profits, we'd generally hope to see good revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one would hope for good top-line growth to make up for the lack of earnings. The company began trading on the Nasdaq under the ticker FAZE. FAZE shares sank in their debut on Wednesday, finishing their first day of trading down nearly 25%. Faze stock price rallied 6% intraday after market rumors about a potential acquisition by a larger entertainment conglomerate. No official announcements yet, but speculative trading volume doubled.