Shares of Niu Technologies (NIU) surged 11.62% in Wednesday's trading session, as investors flocked to the electric scooter maker amid recognition of its strong insider ownership and impressive growth metrics. The stock's dramatic rise comes as the company was highlighted in a report featuring top growth companies with significant insider stakes.

According to the report, Niu Technologies boasts a remarkable 37.2% insider ownership, signaling strong confidence from company leadership in the firm's prospects. This high level of insider commitment is coupled with an outstanding 92.8% earnings growth rate, positioning Niu as a standout among growth-oriented stocks in the current market environment.

The surge in Niu's stock price reflects growing investor interest in companies where management interests are closely aligned with shareholders, especially in a market grappling with uncertainty. As the electric vehicle sector continues to evolve, Niu's strong insider backing and robust growth trajectory appear to be resonating with investors seeking potential outperformers in a challenging economic landscape.