LSE:TRST 19 November 2025 - 19 January 2026

Trustpilot Group Plc, the online reviews platform, has just lived through one of the wildest 48 hours in its listed life. A scathing short-seller report from Grizzly Research knocked more than a quarter off the share price in a single session, accusing the business of “mafia‑style” tactics – only for big-name banks to double down with fresh Buy ratings and hefty upside targets the very next day. Investing.com UK+3Reuters+3Financial Times+3

London, 4 December 2025 – Shares in review-platform operator Trustpilot Group Plc were hammered on Thursday after activist short-seller Grizzly Research published a scathing report accusing the company of “mafia-style” tactics and systemic abuse of its review ecosystem. At the same time, Trustpilot continues to buy back its own shares, a major shareholder has just crossed the 5% ownership threshold, and most sell-side analysts still have Buy ratings with price targets roughly double the current share price. Investegate+4Investing.com+4Grizzly Reports+4