Company Performance: Revenue, profit margins, and overall financial health directly influence investor confidence. Strong performance typically leads to higher stock prices.

Industry Trends: Trends within the tobacco and related industries, such as shifts in consumer preferences toward alternatives or stricter regulations, impact investor sentiment.

Economic Conditions: Broader economic factors like interest rates, inflation, and overall economic growth affect investment decisions and potentially the price of TPD.F.

Regulatory Environment: Government regulations related to tobacco products, including taxation, marketing restrictions, and health warnings, greatly influence the company's profitability and stock value.

Market Sentiment: General investor mood and attitude toward risk can influence stock prices, with positive sentiment potentially driving prices up and negative sentiment driving them down.

Competition: The competitive landscape within the industry, including the actions of major competitors, can affect market share and profitability, impacting the stock price.

Dividend Policy: The company's dividend payout policy can attract income-seeking investors, potentially supporting the stock price.

Global Events: Significant global events, like political instability or major health crises, can impact market sentiment and investor confidence, indirectly affecting the stock price.