What happens to an absolute value graph if $|x|$ has a coefficient
$|x+n|$ translates the graph $n$ units along the x axis, $|x|+d$ translates the graph $d$ units along the y axis, and $-|x|$ flips the graph so it opens downward.
$\lvert x + n \rvert$ is the graph of $\lvert x \rvert$ translated $n$ units to the left if $n > 0$. If $n< 0$ it will translate to the right. $n=0$ changes nothing. E.g. the tip will move from $x=0$ to $x=-n$.
You can fiddle with it here.
$\lvert x \rvert + d$ is the graph of $\lvert x \rvert$ translated $d$ units upwards if $d > 0$. If $d < 0$ it will get translated downwards. E.g. the the tip will move from $y=0$ to $y = d$.
You can fiddle with it here.
$-\lvert x \rvert$ is the graph of $\lvert x \rvert$ mirrored along the $x$-axis.
What happens, however, if we have $a|x|$, or $|ax|$?
$a\lvert x \rvert$ squeezes the graph of $\lvert x \rvert$ horizontally with growing $a$, if $a>1$. E.g. $(1,1)$ will get mapped to $(1,a)$. If $a = 1$ nothing changes. If $a \in (0,1)$ then the graph will widen horizontally. If $a = 0$ the graph will flatline to the constant zero function.
If $a$ is negative one will have an additional mirroring at the $x$-axis.
You can fiddle with it here.
$\lvert a x \rvert$ is just $\lvert a\rvert \lvert x \rvert$. This leads to a different dynamics, as there are no negative factors anymore compared to the previous example.
You can fiddle with it here.
I just realized this, moments after posting.
If $a$ exists in the context of the question, it affects the graph as $m$ would in a linear equation.
In $a = 1$ or $a = -1$, the slope on either side is $1$ or $-1$ respectively. The value of $a$ represents the slope on the right hand side of the line of symmetry and the opposite of the slope on the left hand side. (For $y=|ax|$, we can assume $y=|a||x|$, and simply find the abolsute value of $a$, and get $y=a|x|$)
For example, if $a=1$: But, if $a=2$,
For starters,
$$|ax|=|a||x|=\begin{cases}+|a|x;&x\ge0\\-|a|x;&x<0\end{cases}\implies\text{slope is }\pm a$$
which is just a taller or shorter $V$ shaped graph.