Jonah Peretti, chief executive of Buzzfeed, which goes public on Monday.Credit…Craig Barritt/Getty Images For BuzzfeedBuzzFeed started trading on the stock market Monday, a big step that could help the company expand while charting a path for other young digital media companies that are also aiming to become publicly traded businesses.But its debut has been anything but smooth.The stock, trading under the symbol “BZFD,” tumbled after an initial jump of around 50 percent. It was trading at around $9.18 at 11:45 a.m., down about 5 percent for the day.The choppy start came after BuzzFeed raised a lot less money than it had expected from the deal that brought it onto the stock market. BuzzFeed merged with a special purpose acquisition company, a transaction that could have raised over $250 million. But last week, the company revealed it had garnered only $16 million after a large number of shareholders declined to participate in the merger, allowing them to recoup money they had invested in the acquisition company.“I don’t care how we go public,” Jonah Peretti, BuzzFeed’s chief executive said i …
