Do a reverse split usually make the stock price go higher before the split

Reverse splits typically do not result in an immediate increase in the stock price. The primary purpose of a reverse stock split is to consolidate the number of shares held by shareholders into fewer, higher-priced shares. This consolidation is done by dividing the existing shares by a ratio, such as 1-for-5 or 1-for-10, which would then increase the price per share proportionally.

1. Effect on Stock Price: The price per share does increase after the reverse split, but this is not an immediate effect. The price bump is a result of the consolidation of shares and does not reflect a change in the company's value or market capitalization.
2. Investor Perception: Reverse stock splits are often viewed negatively by investors, as they can be seen as a sign of distress or manipulation. This negative perception can lead to short-term volatility in the stock price.
3. Exchange Compliance: Companies may perform reverse splits to bring their stock price in line with the minimum bid price requirements of the exchange on which they trade. In such cases, the stock price may need to increase to meet these requirements, but this is not a direct result of the reverse split.

In conclusion, while a reverse stock split can lead to an increase in the stock price in the short term, it is not a guarantee. The price increase is a result of the consolidation of shares and does not reflect a change in the company's value or market capitalization. The impact on the stock price is more likely to be influenced by investor sentiment, exchange requirements, and market dynamics.