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Booking Holdings Inc., the parent company to travel brands including Kayak and Priceline, reported better-than-expected third-quarter gross bookings, reassuring investors who have worried that broader economic concerns and a US government shutdown will stunt travel demand. The shares rose in extended trading. Gross bookings — a closely watched metric — were $49.7 billion for the three months ended Sept. 30, the company said in a statementBloomberg Terminal Tuesday. Analysts were expecting $47.9 billion, according to Bloomberg-compiled data.
