Marshall Wace piled into a short bet in CD Projekt, the developer of the Cyberpunk 2077 video game that flopped when it debuted earlier this month.
The London-based hedge fund built a short position representing about 0.51% of the Warsaw developer’s shares as of 11 December, when the stock was hovering at about 320.5 zloty, per a filing analysed by short-selling research firm Breakout Point. That bet, based on the stock’s intraday low on 18 December, would currently be valued at about 38.75m zloty, or about $10.7m.