NEW YORK (PIX11) – New York Liberty is celebrating its WBNA championship win with a ticker-tape parade in New York City, according to Mayor Eric Adams.
But what exactly is a ticker-tape parade?
Ticker-tape parades have been a tradition in Manhattan for over 130 years, starting with the grand opening of the Statue of Liberty in 1886.
Ticker tape was a one-inch ribbon of paper punched by a "ticker" machine that was used to track the stock market in real-time, so brokers along the Statue of Liberty's parade route began throwing it to celebrate the occasion, according to the Downtown Alliance.
There have been 206 ticker-tape parades in the Big Apple so far. The last ticker-tape parade was held in 2021 for essential workers amid the COVID-19 pandemic.
PIX11's James Ford contributed to this report.
Erin Pflaumer is a digital content producer from Long Island who has covered both local and national news since 2018. She joined PIX11 in 2023. See more of her work here.
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