Company Performance: Strong earnings, revenue growth, and positive guidance usually lead to increased stock price. Conversely, poor financial results can cause a decrease.

Overall Market Conditions: General market optimism or pessimism, driven by economic data or geopolitical events, impacts most stocks, including SAND.ST.

Industry Trends: Developments within the specific industry SAND.ST operates in can significantly affect investor sentiment and stock value.

Investor Sentiment: Public perception of the company and its future prospects plays a role. Positive news coverage and analyst upgrades often boost the stock.

Economic Factors: Inflation, interest rates, and unemployment rates can influence investor behavior and corporate performance, impacting stock price.

Company News: Major announcements like mergers, acquisitions, product launches, or partnerships can trigger significant price movements.

Competition: The competitive landscape and the actions of rival companies can influence SAND.ST's market share and profitability, affecting its stock price.

Regulatory Environment: Changes in government regulations or policies related to the company's industry can have a positive or negative impact on the stock.

Supply and Demand: The basic forces of supply and demand in the stock market itself drive prices. High demand and low supply tend to increase the price.

Global Events: Unexpected global events, such as pandemics or political instability, can cause volatility and impact stock prices across markets.