Investors Face Total Wipeout as Mondee Shares Plummet to Near Zero

The equity story for Mondee has reached a devastating conclusion for shareholders. By October 2025, the company’s stock had collapsed to a mere $0.0010 per share, representing a catastrophic decline exceeding 98% within a single month. Trading even touched zero dollars at certain points, confirming a near-total erosion of shareholder value. This financial collapse directly follows the company’s Chapter 11 restructuring and its subsequent acquisition by Tabhi, which was finalized in April 2025.

A Stark Contrast: Market Reality Versus Analyst Views

The current market valuation presents a bewildering contrast with the official analyst consensus. While the shares are effectively stranded at $0.0010, the prevailing analyst rating remains a “Buy,” accompanied by a price target of $3.19. This enormous discrepancy suggests that these assessments may be outdated, potentially referring to a new equity class issued after the corporate restructuring, or they are predicated on an extraordinary recovery. The market, however, delivers an unambiguous verdict: the original Mondee common shares have borne the full brunt of the restructuring shock, leaving them with negligible worth.

Should investors sell immediately? Or is it worth buying Mondee?

Corporate Downfall: From Nasdaq Listing to Chapter 11

Mondee’s path to insolvency became evident when it received a delisting warning from the Nasdaq in November 2024 for failing to file its quarterly reports on time. This regulatory issue was a precursor to a more severe crisis, culminating in a Chapter 11 bankruptcy filing in January 2025. The company’s assets were then sold to Tabhi. Although this acquisition provided the reorganized entity with fresh capital and a stronger balance sheet, the transaction offered no recovery for the holders of the original stock, effectively writing down their investments to zero.

The Bleak Outlook for Existing Shareholders

For investors still holding the legacy Mondee shares, the situation appears hopeless. The combination of minimal trading liquidity and a price point near zero indicates no prospect of a meaningful residual value. Any future appreciation in the business will almost certainly benefit the new corporate structure under Tabhi’s control, completely bypassing the previous equity. The critical question for these investors is whether to continue waiting for a revival that seems impossible or to finally acknowledge and accept the total loss of their capital.