Check out the companies making headlines after the bell Monday:
Shares of Target bounced briefly after the bell as the retailer recovered some of the day's losses. Rival Wal-Mart posted better-than-expected same-store sales last week, prompting Morgan Stanley to say that Wal-Mart is taking market share from Target, according to The Wall Street Journal. Meanwhile, Target, closing down 1 percent in the regular trading session, has made headlines over a policy to allow transgender individuals to use their restroom of choice.
Staples saw shares spike, building on the day's gains after the stock was upgraded by Bank of America Merrill Lynch. The analysts said that a failed merger with Office Depot might allow Staples to focus on its "core strengths."