Ryan Specialty (RYAN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
IBD Stock Of The Day. Ryan Specialty was actionable as it move toward a buy point. The insurer, on an earnings growth streak, jumped overnight on news that it'll join the S&P MidCap 400.
Ryan Specialty Holdings Inc. (NYSE:RYAN) will replace Apartment Income REIT Corp. (NYSE:AIRC) in the S&P MidCap 400 effective prior to the opening of trading on Friday, June 28. Blackstone Inc. (NYSE: BX) is acquiring Apartment Income REIT in a deal expected to be completed soon, pending final closing conditions.