LSE:TRST 19 November 2025 - 19 January 2026

Shares of Trustpilot Group Plc dropped 5.4% to 219.6 pence by 1341 GMT on Monday, slipping from Friday’s close at 232.2 pence. The stock oscillated between 216.6 pence and 229.2 pence, putting the company's market cap near 868 million pounds.

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