Not a comment about the stock price increase due to splits, but very high stock prices are an issue for employee stock purchase plans (ESPP): they can't offer f

Not a comment about the stock price increase due to splits, but very high stock prices are an issue for employee stock purchase plans (ESPP): they can't offer fractional shares and they need to round down. If you set aside 15% of a gross salary of $100k for 6 months, that's $7500. When the stock is at $1000, you get 7 shares. If the stock is $100, you get 75 shares. The lower your income, the more you miss out on ESPP that way. It's not a huge deal if the stock is flat (you only get a 15% discount), but for a fast appreciating stock, those additional 5 shares can be real money.