Shares of T-Mobile US Inc. rose more than 4% in afternoon trade on Friday after a Reuters report that Softbank Group plans to approach the wireless phone carrier to talk about merging with Sprint Corp. . Sprint, which Softbank owns, saw shares rise more the 3%. Shares of Sprint are up nearly 212% in the trailing 12-month period, while T-Mobile is up 72% during the same time frame and the S&P 500 Index is up almost 22%.
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