Ryan Specialty Holdings, Inc. (RYAN)

Ryanair said it has plans for an "armageddon situation," amid the jet fuel crisis.

Shares in Ireland's ultra-low-cost carrier Ryanair Holdings (RYAAY +5.12%) popped higher by 8.4% in early morning trading as the market digested an excellent set of fourth-quarter earnings.

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During the Company's earnings call, Ryan further disclosed that the fourth quarter "marked an intensification of some of these property pricing trends" and that, particularly in large accounts, the Company saw "rate decreases of 25% to 35%, which was higher than what we were seeing earlier in the ye…

Shares of Ryanair stock opened at $57.42 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.67 and a current ratio of 0.90. The stock has a market capitalization of $29.90 billion, a PE ratio of 12.19, a price-to-earnings-growth ratio of 1.33 and a beta of 1.13.