Right now on fast, Iger Encore, the Disney board ousting CEO Bob Chapeck and replacing

him with his predecessor, Bob Iger. Disney shares rallied on this news but is the old

boss coming back to a new media landscape, the right move. We'll debate that. Plus,

outbreak in China, the mainland reporting over 26,000 cases on Sunday and the first

death since May. Beijing again tightening its COVID controls and market ripple effects

coming up. And later, from Hero to almost zero, we'll go under the hood of Carvana's

epic collapse from almost 300 bucks a share one year ago to just seven today.

I'm Melissa Lee. This is fast money. We're live with the Nasdaq Market site on the

death tonight. Tim Seymour, Courtney Garcia, Dan Nathan, and Guy Adammy. We start off with

the changing back of the guard shares a Disney popping nearly 6.3% today for their best day

since December 2020. The move coming after the company announced Bob Iger would return

to the helm of the media and entertainment giant nearly three years after handing rains over

to Bob Chapec still. Even with today's gains, Disney is down 37% this year has been cut in

half from its all-time highs hit in March of last year. So can old blood breathe new life back

into this storied stock? Tim, you're take. I think the who song is Meet the New Boss, same as

the old boss and the question. I think the who do it better the second time. Bob Iger

is a cult hero in CEO land and I think it's great to have him back. As a shareholder,

I think as it relates to where the media business going and the different parts of the business

and the distribution look to be clear. Bob Chapec on the park side, I mean it thinks have never

been going better in terms of gross margins and where they've been. I think this tells you just

how poorly the execution maybe seems like it is on the most important part of the business. So

clearly linear TV, we know what's going on with that, what's going on with streaming is certainly

...