Trinity Mirror's share price is rising again, and on Thursday was up more than 20 percent over the pervious night's closing price, Media Guardian reported, citing the reason the price was up was due to the publisher regaining investor confidence after rebutting “negative comments in an analysts' note.”

The note was from analyst Kaupthing, and called into question Trinity Mirror's “debt facilities and its ability to service the deficit” on its pension scheme, according to Media Guardian.

The publisher of the Daily Mirror, Sunday Mirror and Liverpool Echo, issued a statement refuting the analyst's claims, stating it is not having trouble with its pension strategy or its debt facility.

Trinity Mirror's shares dropped to a low of 41.50 on Wednesday, but rose 21 percent Thursday to 73.25 at 3:40 p.m., Media Guardian reported.