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Stock impact report

Activist investors are disproportionately targeting female CEOs—and it's costing Corporate America dearly [Fortune]

Victorias Secret & Co. (VSCO) 
Company Research Source: Fortune
The markets: Mixed, with Asia recording narrow losses. Plus: All the news and watercooler chat from Fortune Good morning. When Victoria's Secret reported stellar quarterly results last week, shares shot up 14% and likely gave Hillary Super some breathing room from the activist investors pushing the lingerie company to, among other things, consider whether the CEO of 16 months is up to the task of turning it around. Recommended Video Of course, the potential of having to deal with an activist investor's campaign goes with the territory of being a CEO, especially at a company that has been struggling. But Super's saga is a reminder that women CEOs remain much likelier than their male counterparts to be targeted by activist investors. This year, according to a report last week by the Conference Board , women have made up 8% of the CEOs in the Russell 3000 index but accounted for 15% of activist campaigns specifically targeting chief executives. Other women to have recently con Show less Read more
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