Company Performance: SPEN.TA's financial health, revenue growth, and profitability significantly impact its stock price. Strong earnings reports typically lead to price increases, while poor performance can cause declines.

Industry Trends: The performance of the renewable energy sector, particularly solar energy, influences SPEN.TA's stock. Positive trends and government support boost investor confidence.

Market Sentiment: Overall investor attitude and risk appetite affect SPEN.TA. A bullish market can lift the stock, while a bearish market can depress it.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth play a role. Economic stability generally favors investment in SPEN.TA.

Regulatory Environment: Government policies and regulations related to renewable energy, subsidies, and environmental standards impact SPEN.TA's business and stock price.

Competition: The competitive landscape within the solar energy industry, including the presence of other major players, affects SPEN.TA's market share and profitability.

Technological Advancements: Breakthroughs in solar technology and related fields can impact SPEN.TA's competitive advantage and future prospects, influencing stock price.

Global Events: Geopolitical events, energy crises, and supply chain disruptions can affect the global energy market and, consequently, SPEN.TA's stock.

Investor Perception: The perceived value and future potential of SPEN.TA influence investor demand and, ultimately, the stock price.

News and Announcements: Company-specific news, such as contract wins, product launches, and management changes, can trigger short-term price fluctuations in SPEN.TA.