The matter is discussed here: https://community.home-assistant.io/t/some-paper-components-broken-since-maybe-v0-115/228124
The gist is, styles are no longer properly loaded for custom cards and are only loaded once the component is used anywhere natively in home assistant. E.g. the paper-dropdown-menu is rendered as a list until you open a page where this component is natively used, afterwards (until you reload the page) it is rendered as a dropdown