Company Performance: Revenue, profit margins, and overall financial health directly impact investor confidence and stock price.

Industry Trends: The performance of the broader technology sector and specifically the software industry influences TM2.BE's valuation.

Market Sentiment: Overall investor optimism or pessimism can drive buying or selling pressure, affecting the stock price regardless of fundamentals.

Economic Conditions: Factors like interest rates, inflation, and GDP growth impact investment decisions and the attractiveness of stocks.

Competitive Landscape: The actions of competitors, their product launches, and market share changes can affect TM2.BE's perceived value.

Regulatory Environment: Changes in laws and regulations related to technology or data privacy can impact the company's operations and profitability.

Technological Advancements: Breakthroughs or disruptions in technology may impact the demand for TM2.BE's products or services.

Management Decisions: Strategic decisions made by the company's leadership, such as acquisitions or product development, can move the stock price.

Global Events: Major global events, like geopolitical instability or pandemics, can create uncertainty and impact stock market performance.