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FaZe down: FaZe Clan’s Nasdaq value drops nearly 30 percent on day it goes public

FaZe down: FaZe Clan’s Nasdaq value drops nearly 30 percent on day it goes public

Nearly nine months after announcing plans to go public, FaZe Clan officially began trading on the Nasdaq today following the completion of a $725 million special purpose acquisition company (SPAC) merger.

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