Stock Market News: C, AAPL, NVDA, QCOM, GOOG, BAC, KFT, CBY, MSFT, HPQ
January 13, 2010 at 09:30 AM EST
Short sellers sharply increased their bets against two of the most widely followed stocks in the U.S.. Shares sold short in Citigroup (NYSE:C) leaped 36% to 381 million. The short interest in Apple (NASDAQ:AAPL) rose 34% to 15.6 million. Among Nasdaq stocks, significant changes included a 13% increase in shares sold short in Nvidia (NASDAQ:NVDA) and 11% increase in the short interest of Qualcom (NASDAQ:QCOM) . - 24/7 Wall St. Google (NASDAQ:GOOG) threatened to cease operations in China, home to the world’s largest internet user-base, after disclosing details of a massive cyber attack that resulted in the theft of intellectual property from Google. The web giant also promised to…