NEW YORK (CNNMoney) — The investment world is fixated on the uncertainty surrounding the debt ceiling debate. But everyone still needs to grab a cup of coffee and a little something to eat.
Shares of Teavana, which sells tea and tea-related products in mostly mall-based stores, traded more than 60% above the $17 offering price the company set Wednesday, while shares of gourmet food company Chef’s Warehouse jumped more than 20% above their original offering price of $15 per share.
This follows the Dunkin Donuts IPO on Wednesday, when shares of the national donut chain jumped 40%.
Full story: Teavana shares pop 60% | CNNMoney.com