Sign for the excercise bike and equipment brand Peloton on 2nd October 2025 in London, United Kingdom. (photo by Mike Kemp/In Pictures via Getty Images)In Pictures via Getty ImagesFinding a narrative in the market more challenging than Peloton’s (NASDAQ:PTON) recent performance is difficult. Once celebrated as one of Wall Street’s favorites during the pandemic, the connected-fitness innovator has experienced a significant decline in its share price—falling approximately 30% over the last 12 months and tradi ...