I have tried multiple times, rolling back the drivers, installing the new drivers etc. I have never gotten it to work properly, some applications will work, a lot crash or do not start. It seems very buggy at the moment.
Have you contacted Bluestacks for support?
This actually has nothing to do with Bluestacks in my experience. The Intel HD 4000 driver is the culprit and MANY video intensive applications are suffering from the same fate. I have about 4 applications that will not run with the current Microsoft driver. My experience is to roll back and/or un-install it and install the Intel driver from their website.
The trick is to turn off automatic updates so it doesn't happen again.
I've been successful for the past few weeks once I stopped this driver from updating.