Witcher Game Maker Among Europe’s Priciest Stocks as Hype Grows

Optimism over a distant video-game launch has turned a Polish studio developing the title into one of Europe’s most richly valued companies, topping even hot sectors such as defense and electrification by one measure.

CD Projekt SA shares are up 40% this year, and have almost doubled over 12 months, as investors wager on the fourth installment of the Witcher franchise, even though that’s at least two years away.