The market continues to be undecided about the future of the electric vehicle in the industry, pushing stocks lower yesterday and then driving them higher today. We got a decent earnings report from CarMax, but there wasn't a lot of industry news ahead of the holidays; stocks have simply had a volatile week.

Today's biggest movers are Fisker (NYSE: FSR) rising as much as 7%, Lucid Group (NASDAQ: LCID) jumping 4.9%, and QuantumScape (NYSE: QS) rising 7.7% in midday trading. By 3:40 p.m. ET, shares were up 4.9%, 1.5%, and 4%, respectively.

Overall, it seems the used car market is remaining strong after CarMax reported better-than-expected results. Revenue fell 5% in the quarter, but that topped estimates and the company earned $0.52 per share, also beating estimates.

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Source Fool.com