Sihwan Kim of United States in action during The Open Qualifying Series, part of the SMBC Singapore Open at Sentosa Golf Club, Serapong Course on January 23, 2022 in Singapore, Singapore.
Sihwan Kim of United States plays in Singapore in January.
  • This year's best-performing IPO is a company that makes golf putters.
  • Shares in Sacks Parente Golf soared more than 600% on their Tuesday debut.
  • The successful float spells signs of a revival in the IPO market after a subdued 18 months.

A company that makes $400 golf putters has scored a hole in one with this year's most successful initial public offering to date.

Shares in Sacks Parente Golf soared more than 600% on their Tuesday debut, before paring gains after-hours.