Ryan Specialty Holdings is a global specialty insurance company that provides a wide range of insurance products and services. The company specializes in underwriting unique and complex risks, offering tailored solutions to meet the specific needs of its clients. With a focus on innovation and expertise, Ryan Specialty Holdings has established itself as a leader in the specialty insurance market.

From a technical analysis perspective, the stock of Ryan Specialty Holdings is currently selling off after hitting a key Fibonacci level near 56. This indicates that the stock has encountered significant resistance at this level, leading to a downward price movement. 

The bias for the stock is sideways to lower below the Fibonacci level of 56. This suggests that there is a higher probability of the stock continuing its downward trend or trading within a range.

Traders and investors should exercise caution when considering Ryan Specialty Holdings as an investment opportunity. It is important to closely monitor the price action and wait for a clear trend or reversal signal before making any trading decisions.