Stock Split can change the price of a stock. Apple did a 7:1 stock split. The $700 stock multiplied all shares x 7 to reduce the price of the stock to $100. This means if you held 1,000 shares at $700, you now own 7,000 at $100. This increased the float. Some companies will perform a REVERSE stock split. A 10:1 reverse stock split will take a stock trading at $1.00 and turn it into $10.00. If you were previously holding 1,000 shares at $1.00, you would only be holding 100 shares at $10 after the split.
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