After trading between $6.00 and $7.00 for the better part of 2019, the stock price of LSB Industries, Inc. (“LSB”) sank to a low of $3.12 on June 12, 2019. This decline is likely driven by expectations for a weaker-than-expected domestic corn crop after reports of delayed corn planting as wet weather conditions persist throughout much of the Midwest Corn Belt. However, for reasons enumerated below, Global Value Research Company’s (GVRC) previous price target of $12.70 remains intact.
