Iger's return shows 'the bench wasn't deep at Disney' -wealth manager

STORY: A major challenge to the business, as Shein notes, is streaming service Disney+. Losses at the unit more than doubled in the last reported quarter to $1.5 billion.

The business has become a drag on earnings as Disney spends heavily on content to attract subscribers, testing investor patience and contributing to a 40% slide in its shares so far this year.

Disney shares rose Monday on the news of Iger's return.