Shares of Replay Acquisition Corp. ($REPL) experienced a notable recovery on July 30, 2025, with the stock price rising from earlier levels to reach $7.06 during trading. Market watchers highlighted $REPL as one of the best-performing premarket runners, showing a 50% gain from initial premarket observations. The stock's rebound was characterized by a short squeeze dynamic, putting pressure on heavily shorted positions. Analysts and traders noted that $REPL's performance outpaced other premarket spikers such as $STAK, $SGD, and $TYGO, and followed earlier strong showings by stocks like $VAPE and $VWAV. Despite the rally, commentators indicated that the stock had not yet entered a full supernova phase but suggested that short sellers were increasingly on the defensive.