E-commerce giant Amazon saw its shares surge 15 % after reporting better-than-expected quarterly results and cloud segment revenue growth of 37 % year over year, marking its fastest growth in 18 quarters. Pharmaceutical group Replimune Group jumped more than 94 % after an FDA advisory panel voted in favor of its experimental drug RP1 for a type of skin cancer. Conversely, social media platform Reddit plummeted 22 % amid Wall Street concerns about its Google search referral traffic, while smartphone maker Apple fell more than 9 % despite beating revenue expectations driven by a 22 % increase in iPhone sales.
Source: Read the original article

