Shares closed at $2.38 on Thursday as the Nasdaq gained 0.89% to 24,892.31 and the Dow rose 1.62% to 49,652.14.
The stock still finished 64.16% below its 52-week high of $6.64 reached on 16 May.
Virgin Galactic's gain came amid mixed peer performance, with RTX, Boeing and Lockheed Martin also rising, while trading volume of 3.6 million stayed well below its 50-day average of 5.9 million.
After a 64% stock plunge, is Virgin Galactic’s new spaceplane a real comeback plan or a final, desperate gamble?
Can Virgin Galactic's $750,000 tickets dominate space tourism before its main rival, Blue Origin, returns to the sky?