1. Positive News – Positive news in a company such as increased sales or earnings, upgraded ratings by analysts, or even a positive development in an industry your stock may be a part of can help drive the stock price up.
2. Buyout Rumors – Rumors of a potential takeover can send shares soaring. Companies often offer up a premium above the current stock price when executing a takeover which can create a tremendous amount of investor enthusiasm in the stock.
3. Aging Bull Market – As a bull market grows older it tends to pull stock prices up with it in a general rising trend. Many investors jump on board in the hope of riding the wave up and making a profit.
4. Short Squeeze – A common phenomenon in the stock market is a short squeeze. When a large number of investors reject a stock, it can cause its stock price to skyrocket.
5. Increased Production/Revenue – Increased production and/or sales can bode well for the stock price of a company. If the company is able to make more money, this will likely be reflected in its stock price.