PSR B1508+55 is known to have a single component profile above 300 MHz. However, when we study it at frequencies below 100 MHz using the first station of the Long Wavelength Array, it shows multiple components. These include the main pulse, a precursor, a postcursor, and a trailing component. The separation of the trailing component from the main peak evolves over the course of a three year study. This evolution is likely an effect of the pulse signal getting refracted off an ionized gas cloud (acting as a lens) leading to what appears to be a trailing component in the profile as the pulsar signal traverses the interstellar medium. Using this interpretation, we identify the location and electron density of the lens affecting the pulse profile.