They may do a two-for-one split; that means, if you held one thousand shares you get a letter saying, congratulations you now own two thousand shares.

他们会将一张股票拆为两张,意味着如果你有一千股,就会收到信件说,恭喜您,您现在有两千股了

耶鲁公开课 - 金融市场课程节选

It's kind of like the average price of a share adjusted for splits because you don't want the--obviously when they do a two-for-one split, the price falls in half and that's meaningless, so you want to correct for splits.

有点像经过分割调整的股票平均价格,因为你不想,当一股分割成两股,价格下跌一半,这是没意义的,所以要修正分割

耶鲁公开课 - 金融市场课程节选