First Solar shares fall 1.99% premarket after insider sold shares and strategic financing announcement.

First Solar, Inc. declined 1.99% in premarket trading. The company announced a $75 million strategic financing facility with Cleanhill Partners and affiliates, AV Securities, and other long-term investors. The financing includes an initial term loan of up to $37.5 million, with $14.3 million already funded. However, the stock's decline may be attributed to broader market sentiment, as solar-energy stocks were mixed due to renewed trade-war fears and a relief rally the previous week.