The stock closed at £3.74 on Wednesday as the FTSE 100 rose 2.15% to 10,438.66 in a broadly positive UK trading session.
Trading volume reached 7.4 million shares, slightly above the 50-day average of 7.0 million, indicating somewhat stronger-than-usual investor activity.
Despite the gain, easyJet remains 36.74% below its 52-week high of £5.91, reached on 11 June.
Amidst soaring fuel costs and looming losses, is easyJet's stock rally a sign of recovery or a market illusion?
Can easyJet's promise of no fuel surcharges survive a prolonged war and dwindling European fuel supplies?