Finish Line plummets, Amazon expands, Best Buy reports earnings & FDA rejects Acorda Therapeutics

Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

Finish Line (FINL) shares are crashing after the athletic retailer slashed its guidance and adopted a “rights plan,” which is aimed to prevent a possible takeover. Shares of Nike, Under Armour and Foot Locker are also under pressure.

Amazon (AMZN) is in focus after announcing its building a new fulfillment center in Oregon. The new one-million square foot facility will employ 1,000 full-time workers and is expected to be completed in the fall of 2018.

Best Buy (BBY) reported better-than-expected earnings and revenue.  Same-store sales also topped Street forecasts, and Best Buy raised its full year guidance.

Acorda Therapeutics’s (ACOR) shares are tanking after the FDA rejected its application for a Parkinson’s treatment. The company says it will request a meeting with the FDA to address issues.