Company Performance: WSG's financial health, including revenue, profitability, and debt levels, significantly influences its stock price. Strong earnings reports typically drive the price up, while losses can cause it to fall.

Industry Trends: The overall performance of the security services sector impacts WSG.BE. Positive industry growth prospects often lead to higher stock valuations.

Market Sentiment: General investor mood and risk appetite play a role. A bullish market usually boosts stock prices, while a bearish one can depress them.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth can affect investor confidence and WSG's business operations, thus impacting the stock price.

Regulatory Changes: New laws or regulations affecting the security industry can create uncertainty or opportunity, affecting how investors value WSG.

Competition: WSG's performance relative to its competitors influences investor perception. Gaining market share can drive up the price; losing it can lead to a decline.

Major Contracts: Winning or losing significant security service contracts can substantially impact WSG's future revenues and profits, immediately affecting the stock price.

Management Decisions: Strategic decisions made by WSG's leadership, such as acquisitions, divestitures, or restructuring efforts, can influence investor confidence and stock valuation.

Geopolitical Events: Global events and political instability can affect business operations.