LSB (LXU) Surges 12.4%: Is This an Indication of Further Gains?

LSB (LXU) shares ended the last trading session 12.4% higher at $8.99. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.4% loss over the past four weeks.Gains from strong selling prices and favorable demand have increased the company’s prospects, contributing to the price rally. Steady exports paired with lower imports have led to tight supply fundamentals. The ammonia market is benefiting as distribution channel ...