Steps to Reproduce
Expected
Place holder value should remain intact until a value is selected
Result
Placeholder value changes to first option.
Testcase

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I don't know if that case is a issue. Only happen when you have selection and it is not multiple or search. I solved that case to keep placeholder in this way.
<Dropdown
selectOnBlur={false}
onChange={this.handleChange}
placeholder="Select State ..."
selection
options={options}
text={value || "Select State ..."}
/>
it is only a example, you can manage in other way. You can check it from here. See codepen
This is, in fact, the intended behavior of the Dropdown. See the original Dropdown here:
https://semantic-ui.com/modules/dropdown#search-selection
The placeholder is used to show a preview of the selected item's value or text attribute.
@levithomason This is not happening on the link you shared, and the behavior is different if we check on React Semantic Dropdown and Semantic UI Dropdown.
On react the placeholder changes, on the other one not.
Also on react, if you open the dropdown and close it by clicking outside, without selecting any option, the first option will be automatically selected, which is pretty weird, given that if you open and click on the Dropdown itself (on the input field), then a value is not selected.
This behavior is indeed weird, please reopen
Most helpful comment
This behavior is indeed weird, please reopen