Seriously?! You've never recalled any company making announcements about management changes? You probably need to get around a bit more. NEA does not have enough good will with investors or the market NOT to make an announcement. The SP is clearly been driven down by these rumblings of poor culture, resignations and sackings. It's just good management 101 to make an announcement.
NEA Price at posting:
45.0¢ Sentiment: Sell Disclosure: Held