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Several factors can contribute to a stock experiencing a sudden and significant increase in value, causing it to spike. These factors may include positive news about the company, strong financial performance, market speculation, changes in industry trends, and external events such as mergers or acquisitions. Additionally, investor sentiment, market conditions, and overall economic factors can also play a role in driving up the value of a stock.

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Q: What factors contribute to a stock experiencing a sudden and significant increase in value, causing it to spike?
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