ITRM - Hot Stocks: SPCE blasts off; DIDI vs. Chinese regulators; CRNC ATGE get boosts on index changes

Virgin Galactic (SPCE) has taken off again in Friday's pre-market, as the company takes definitive steps toward a July 11 launch that will take billionaire founder Richard Branson into space. This comes amid worries on Wall Street about the space tourism company's valuation.Meanwhile, another high-profile stock headed in the other direction Friday morning. Recent IPO DiDi (DIDI) fell on news of a regulatory review from the Chinese government.Iterum Therapeutics (ITRM) plummeted more than 40% in Friday's pre-market on problems with its experimental drug program. Cerence (CRNC) and Adtalem Global Education (ATGE) both gained on a reshuffling of some S&P indexes.Virgin Galactic rallied about 24% as the company takes steps toward a July 11 test flight, which would include founder Richard Branson. The launch would come nine days ahead of a scheduled flight by Jeff Bezos and his rival space tourism company Blue Origin (BORGN).Not everyone on Wall Street is as

For further details see:

Hot Stocks: SPCE blasts off; DIDI vs. Chinese regulators; CRNC, ATGE get boosts on index changes