Non-disclosure agreements (NDAs) can have a significant impact on stock prices of new technology companies. These legal contracts are often used to facilitate the sharing of proprietary information while preventing its disclosure to the general public. While these agreements are typically deemed necessary to protect intellectual property, they also create a veil of secrecy that can influence investor sentiment. If a company is perceived to be working on a potentially groundbreaking technology under an NDA, it could lead to speculation and increased investor interest, potentially driving up the stock price. Conversely, the lack of transparency due to an NDA could also lead to investor skepticism and potentially cause stock prices to fall. Therefore, the correlation between NDAs and stock prices can be quite complex and may vary depending on the specific circumstances.

If company employees release information covered by non-disclosure agreements (NDAs) that may influence stock prices, they could face severe consequences. Breaching an NDA is not only a breach of trust but it's also a legal violation that can lead to harsh penalties. These penalties can include termination of employment, financial penalties such as being sued for damages and potential profit loss by the company. In some cases, especially where the information is material and non-public, it may also constitute insider trading, which is a serious crime that could lead to fines, disgorgement of profits, and even imprisonment. Moreover, the reputation of the individual could be significantly damaged, making future employment in the same industry difficult.