Stock Question

A few years back had a stock (IMUC) that was doing great, then tanked and took a big hit.  I had like $20 left in my account and invested in a stock (ACTC) at 32 cents. I look today and see the stock is now worth over $8, yet I've made no money.  Was told they did something called a stock split.  Read up on it, but not so sure I understand.  Seems like that split was bad for me even though I only invested $20.  Can anyone offer a simple explanation of what this split actually is?  Thanks for any help.

That means if you had 1000 shares, depending on the split ratio you now have either 100 or 10 or 50 or whatever..

Usually a 30 cent stock that does a reverse split will have it be big like a 1 for 10 or 1 for 20 etc..

Find the reverse split number and you will do the math and see.

Reverse splits are done so stocks will stay above a certain price and not be pounced on for short sellers or that they wont be delisted from an exchange etc..