Parallel Investment Partners-backed Teavana made a strong debut on the NYSE under the symbol TEA. The retailer of tea and tea-related merchandise wrapped its first trading day at $27.80, a hefty jump up from its IPO price of $17. The company had been expecting to price its shares between $13 and $15 apiece. Teavana sold about 1.07 million of the 7.14 million shares in its IPO. The remainder was sold by certain stockholders, including Parallel.