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A ticker-tape parade is a celebration where small pieces of paper are thrown into the air. These paper pieces are ticker tape, which is the paper ribbon that a telegraphic ticker prints information on. The first stock ticker was developed at the New York Stock Exchange in 1867 to report securities transactions. The very first ticker-tape parade occurred spontaneously in New York City in 1886, when people showered ticker tape onto a parade celebrating the dedication of the Statue of Liberty.123

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  1. ticker-tape parade
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