Check out which companies are making headlines after the bell Tuesday:

Research In Motion - The BlackBerry maker said it hired JPMorgan and RBC Capital Markets to help the company with its strategic review. In addition, RIM said it expects an operating loss in its first quarter .

Shares plunged more than 10 percent in extended-hours trading to break below $10 after being briefly halted. The last time shares of RIM fell below $10 was in December 2003. So far, the stock has plunged more than 20 percent year-to-date. (Click here for after-hours quote.)

Facebook - The stock continued to slip in extended-hours trading after breaking below $29 a share in the regular session. (Click here for after-hours quote.)

Delta , US Airways , United Continental - Imperial Capital initiated coverage of all three airline companies with an "outperform" rating and price targets of $19, $20 and $32, respectively. Shares were higher in extended-hours trading. (Click here for after-hours quotes.)

Lululemon - Wedbush Securities initiated coverage of the athletic apparel maker to "outperform" and price target of $90. The stock was largely unchanged in extended-hours trading. (Click here for after-hours quote.)

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