4 stocks to watch on Monday: Tesla, Apple and more
AdrianHancu
U.S. stock index futures on Monday pointed to a mixed open, with trading expected to be light ahead of the Independence Day holiday. Markets shut early today at 1300 ET. Wall Street's major averages on Friday ended the first half of the year on a very strong note, with the benchmark S&P 500 (SP500) posting a nearly 16% gain. More impressively, the Nasdaq Composite (COMP.IND) notched its best H1 performance since 1983. Here are some stocks to watch on Monday:

Tesla (NASDAQ:TSLA) stock added more than 5% in pre-market trading, after the electric vehicle giant reported record deliveries for Q2, helped by its price cuts earlier this year. The Elon Musk-led firm on Sunday said it had delivered 466,140 vehicles in Q2, significantly higher than expectations of 445,000. Production came in at 479,700 vehicles in the same period.
Apple (AAPL) shares were in focus, after the iPhone maker notched a historic milestone on Friday by becoming the first company to close with a market capitalization of $3T. On Monday, a report said that Apple (AAPL) was cutting its production forecast for its newly unveiled mixed-reality headset Vision Pro, as manufacturers were struggling to get a grasp of its design.
Class A shares of Tattooed Chef (TTCF) have cratered more than 40% in pre-market trading, after the plant-based foods company after hours on Friday said it intended to file for bankruptcy. TTCF had been struggling with declining quarterly revenues, continued losses and a dwindling cash pile. Top boss Sam Galletti said the company was unable to raise additional capital.
Monster Beverage (MNST) stock was slightly lower ahead of the opening bell. The company on Monday said it would acquire most of bankrupt Bang Energy's assets. Bang had filed for chapter 11 protection in October last year. The acquisition will give MNST an edge over Red Bull in the energy drink market.

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